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Levels of Economic Activity

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Presentation on theme: "Levels of Economic Activity"— Presentation transcript:

1 Levels of Economic Activity

2 Economic Activities  activities that create products that are bought or sold.
Examples: Fishing

3 Four Levels of Economic Activity
Rich countries have 4 Levels of Economic Activity. Poor countries do not have 4 levels. Four Levels of Economic Activity 1. Primary 2. Secondary 3. Tertiary 4. Quaternary

4 PRIMARY - Process of extracting (getting) natural resources.
Any country can extract their natural resources. Example  Ozarka extracts water from a well. Water Well

5 Factories SECONDARY – creating products out of the natural resource
Example  The Ozarka plant bottles and purifies the water they extracted. Task  Choose a natural resource. Create a real-life situation that shows that resource going from the primary level to the secondary level. Factories

6 Water Production – Is this a primary or secondary activity?

7 TERTIARY - Providing professional services and the services required to distribute the products.
Example  Kroger sells you and I the water. Sales

8 Worldwide Bottled Water Consumption
QUATERNARY - Process of STUDYING a product research to improve on its production. Example  Ozarka uses data from Utah State’s Water Research lab to increase their product’s purity. Universities Worldwide Bottled Water Consumption

9 Create a Cartoon of a Resources Journey Through the Levels of Economic Development
Pick a Natural resource. (It can be an agricultural product or mineral.) Show its evolution as it is processed through the 4 levels of economic activity in a comic strip format drawn in your journal. You need to include detail and effort.)


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