1. Economic Activities Economic Indicators Levels of Development
Economic Development
Economic Activities
Economic Indicators
Levels of Development

2. Economic Activities Primary 1 - Agriculture, mining
Secondary 2 - Manufacturing goods
Tertiary 3 - Services
Quaternary 4 - Information Processing and management

3. Economic Activities Production travels up this pyramid.
Primary Secondary Tertiary
Example-
Wood is cut (primary)
Made into paper (secondary)
Paper sold in store (tertiary)
New paper formula created for stronger paper (quaternary)
Quaternary
Tertiary
Secondary
Primary

4. Economic Activities
Oh yeah…standard of living is linked with economic activity.
Less developed economies are mostly primary activities.
Newly industrialized economies are a mix of primary and secondary activities.
More developed economies are mostly tertiary and quaternary activities.

5. Economic development indicators

6. UN Human Development Index
UN Human Development Index is a good index for comparing life in different countries.
Highlights uneven development by comparing relative levels of HDI and per capita income
Some countries at similar levels of income per capita have vastly different levels of human development.

7. Demographic Data
Birth Rate- important for future planning at a government level. More people need more resources, etc.
Population size- Overcrowding or shrinking populations are very serious problems that require different government policies.
Infant Mortality Rate- Gives a good idea of how healthy an area’s women and children are. Babies are society’s most vulnerable citizens.

8. Economic factors
GDP- gives a good idea of the value of the total production of a nation.
GDP per capita- gives total value of production divided by every person in a country.

9. Social Factors
Literacy Rate- the number of people who can read and write.
-Higher or increasing numbers indicate a healthy school system.

10. Levels of development Less developed-
-poorer countries with least amount of infrastructure built.
-primary economic activity is the dominant activity; needs less technology
-Secondary economic activity is located in isolated areas.
High birth and infant mortality rates
Increasing population size
Low GDP per capita and low literacy rate.

11. Levels of development Newly industrialized-
-poorer countries with a greater amount of infrastructure built.
-Primary economic activity is the dominant activity; needs less technology
-Secondary economic activity is located in few areas.

12. Levels of development More developed -
-richer countries with a greatest amount of infrastructure built.
-Tertiary and quaternary economic activity is the dominant activity; needs more technology
-Low birth and infant mortality rates
stable/shrinking population growth
High GDP per capita and high literacy rates

13. The End