Services and the Quaternary Sector

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Presentation transcript:

Services and the Quaternary Sector How important is the service sector to Canada’s economic success? How important are services for individual Canadians?

Similarities The Tertiary and Quaternary sectors are similar in that they both involve the supply of services. Services are required in fields such as transportation, healthcare, education, planning and management, etc Services are: “Economic activities that provide support / assistance in order that other economic activities to be successful.” e.g. grocery store supports basic industry workers (however, some can exist in and of themselves e.g. tourism) The service sector represents 75% of Canada’s overall economy.

Quaternary Sector: “Knowledge at Work” The quaternary sector involves highly specialized, knowledge-based services (often involving technology). e.g. The diamond industry in Canada is an example of a ________ industry, however, the highly specialized task of using GIS and geological analysis to determine the location of diamonds in the first place involves the quaternary sector. PRIMARY

Quaternary Sector Sometimes described as “research and development”, or a sector that helps the other three sectors operate (esp. the service sector). e.g. -companies that sell computer programs that help other companies manage their finances -polling companies that provide information during election campaigns (public opinion polls)

Change in the Service Sector over Time In the past 100 years, the Canadian economy has gone from consisting of 33% service sector workers to 75%. What other trend does this change correspond with? _______________ Why? Mechanization of farming, manufacturing, etc More leisure time: more demand for services Technological growth: internet services/businesses URBANIZATION

REVIEW: Classify the following jobs by their appropriate economic sectors Bank Teller Lawyer Farmer Real Estate Agent GIS technician Educational Researcher Hair Dresser Teacher Doctor Forestry Worker Miner Construction Worker Factory Worker Infectious Disease Researcher Computer Programmer Retail Salesperson Actor Journalist Fishing Industry Worker Statistics Canada Researcher