To know what the global economy is How does the ‘new economy’ function in different places? Who wins and who loses? Aim: To describe how the global economy is changing, with new employment sectors replacing traditional work To know what the global economy is To recognise that countries vary in terms of what they contribute to the global economy http://www.youtube.com/watch?v=ljbI-363A2Q

Key word recap On your white boards..... economy- range of economic activity in an area or country globalisation- the process where the worlds countries are becoming part of one big global economy new economy- new types of economic activity and employment in the last few decades primary- the collection of raw materials secondary- manufacturing of products tertiary- providing a service quaternary- research, information and communications

Is this job a primary, secondary or tertiary activity? CARPENTER MINER DOCTOR/NURSE FIREMAN SECONDARY TERTIARY TERTIARY PRIMARY SHOP WORKER FACTORY WORKER LUMBERJACK TERTIARY SECONDARY PRIMARY

Questions about world employment: 1)- Describe the pattern of employment shown on the graph. 2) Is there any countries that do not fit the pattern? Why might this be? 3) Give reasons why in LIC’s more people are in primary employment than tertiary. 4) Describe how countries are able to shift from one sector to another.

The Clarke Fisher Model 5) Describe the theory behind the Clarke Fisher model. 6) Stick the Clarke Fisher model into your exercise book. Marks the countries from the map onto the model.

The old and new economies of the UK

Homework Look back over your previous work on economic sectors, triangular graphs and the Clark Fisher model. Write a paragraph using information and data from these graphs to identify how the economy changes with levels of development.