1. Levels of Economic Activity

2. Primary: Definition
Harvest or extracting of natural resources

3. Primary: Example
Hunting and gathering

4. Primary: Example
Grazing

5. Primary: Example
Agriculture

6. Primary: Example
Mining

7. Primary: Example
Fishing

8. Primary: Example
Forestry

9. Primary: Locational Factors
Close to natural resources

10. Secondary: Definition
Add value to raw materials by making them useful
Those that process, transform, fabricate, or assemble the raw materials derived from primary activities or that reassemble, refinish, or package manufactured goods

11. Secondary: Example
Toothpick

12. Secondary: Example
Fish Sticks

13. Secondary: Locational Factors
Easy access to raw materials, energy sources and markets

14. Tertiary: Definition Provides services (don’t make anything)
Those involving the sale and exchange of goods and services

15. Tertiary: Example
Cell phone kiosk

16. Tertiary: Example
Bank Teller

17. Tertiary: Example
Starbucks

18. Tertiary: Locational Factors
Close to markets

19. Quaternary: Definition
Processing and dissemination of information
Those concerned with information or the exchange of money and goods

20. Quaternary: Example
Information processing

21. Quaternary: Example
Computer Nerds

22. Quaternary: Locational Factors
Good infrastructure and skilled labor

23. Quinary: Definition Scientific research and high level management
Tied to research or higher education

24. Quinary: Example
scientists

25. Quinary: Examples
CEOs

26. Quinary: Examples
Doctors

27. Quinary: Locational Factors
Tend to cluster around government centers and universities

28. What is important to understand about this?
Less developed countries depend on primary and secondary economic activities
More developed countries have economies based on Tertiary, Quaternary and Quinary activities

29. Economic Development

30. Economic development refers to the process of change involving the nature and composition of the economy of a particular region as well as to increase the overall prosperity of a region.
As a country develops economically, a smaller percentage of the workplace tends to be employed in agriculture. This is due to the fact that new farming technology decreases the demand for farm labor.

31. Involves 3 Types of Change
1. Changes in the structure of the regions economy (ex: agriculture to manufacturing) 2. Changes in forms of economic organization within the region (ex: shift from socialism to free-market capitalism) 3. Changes in availability and use of technology within a region
GDP

32. Levels of economic development should improve basic conditions of life (housing, healthcare, social welfare system

33. Economic development should also improve the infrastructure on which the economy rests
Poor countries might choose to improve their infrastructure in order to increase their productivity. Infrastructure is a regions system for transporting its goods to market, communicating with other regions, fueling its factories, roads, schools, water, ect.

34. Levels of economic Development
Usually measured by economic indicators such as:
Gross Domestic Product
Gross National Income

35. Notice that over time the primary economic activities in more developed countries drastically decreases as those involved in tertiary economic activities increases. Secondary economic activities in LDC’s increased but later decreased. What is happening in LDC’s when the secondary activities begin to decrease in MDC’s? What is the trend/relationship you notice between what is occurring in the MDC’s and the LDC’s?