Sectors of the Canadian Economy

Defining Natural Resources Natural resources are non-human-made components of the Earth which humans use EXAMPLES WE WILL BE LOOKING AT:  Fishing Industry (West and East coast)  Farming Industry  Forestry  Minerals (Metallic Minerals, Fossil Fuels, and Industrial Minerals)  Energy (Conventional, Alternative)

Natural Resources Natural resources come in two basic categories –Renewable resources which regenerate themselves naturally within 100 years or less –Non-renewable resources which take millions of years to regenerate themselves

Types of Industry Most Canadian workers are not lumberjacks, farmers, or miners; nor are they factory workers. Instead, most Canadians have jobs in which they provide an enormous range of services. But all parts of the economy are vital…

Types of Industry All industries in Canada fall into 3 basic categories: Primary, Secondary & Tertiary PRIMARY INDUSTRIES take raw materials from the environment example: mining, fishing, forestry, agriculture 5% of Canada’s workforce

Types of Industry Secondary Industries involve the processing of primary industry products into finished goods example: manufacturing, construction, utilities 22 % of Canada’s workforce

Types of Industry Secondary Industries Continued –Manufacturing products: putting things together –e.g., auto assembly plants, factories When manufacturing takes place, raw materials are pieced together to make something new. The result is a “value added” product. “Value added” means that the worth of the assembled pieces is greater than the worth of the pieces in unassembled form.

Types of Industry Tertiary Industries (tertiary means 3 rd ) –Providing services to others –e.g., doctor, lawyer, barber, musician, transportation –74% of Canada's Work Force

“Value Added” VALUE ADDED (secondary industry) Primary IndustryTertiary Industry

Types of Industry Many geographers believe there is a FOURTH group of industries and jobs known as QUATERNARY INDUSTRIES This involves the processing of ideas rather than products. –Examples Include: Computer programmers, accountants, and university professors **Quaternary Jobs often fall into two categories- EG: a teacher is part of the Tertiary sector (teaching) but also the Quaternary sector (research)

Types of Industry Each of the different types of industries, no matter primary, secondary, or tertiary, are either basic industries or non-basic industries. Basic Industries –Selling goods or services to people outside of the local community –Bringing new money into the local economy –e.g., manufacturing something in your home town then selling it somewhere else

Types of Industry Non-Basic Industries –Selling goods or services to people within the local community –Recycling existing money in the local economy –e.g., getting your haircut at a local barber

HOMEWORK! Pg #1, 2, 3 a,b, 4, 7 (graph paper needed!!!)