1. What data is used to measure a society’s economic level?
Agriculture
Wholesale
Retail
Manufacturing (goods)
Service Industries

2. Agriculture Primary Industry
Define: taking care of soil to grow crops and raise animals.
Examples:
Farming
Livestock raising
Livestock for food
Meat
Cheese, milk, yogurt
Livestock for wool, leather

3. Wholesale Tertiary Industry (Selling – service)
Define: the selling of a large quantity of goods to be sold (retailed) by other stores.
The factory sells their good to the wholesaler, who sells their goods to a store.
Examples:
Costco, Sam’s Club
Restaurant Wholesalers
Sally’s Beauty Supply

4. Retail Tertiary Industry (selling – service)
Define: the sale of goods in small quantities to the public (consumer)
Examples:
HEB
Aeropostale
Hot Topic
Amazon
Wal-Mart

5. Manufacturing (Goods)
Secondary Industry
Define: make something on a large scale using machinery.
Examples:
Clothing
Packaged food (Cheetos, Takis)
Shoes
Cars
Toys
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6. Service Industries Tertiary Industry and Quaternary Industry
Define: something that someone does in exchange for money
Examples:
Selling items (retail)
Hair Salons
Personal Trainer
Accountant
Doctor
Teacher
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8. Indicators of a society’s economic development
Life Expectancy
Gross Domestic Product (GDP)
GDP per capita
Literacy Rate

9. Life expectancy
How long you are expected to live based on your current age, gender, and where you are from.

10. Life expectancy

11. Life expectancy

12. Cia.gov
factbook/rankorder/2102rank.html

13. Gross Domestic Product
The value of all the goods and services a country makes in one year.

14. Gross Domestic Product, California, 2008

15. GDP, South Africa, 2012

17. GDP per capita
The value of all the goods and services made in a country, in one year, per person as an average.
Useful to compare different countries and their standard of living.

18. Per capita gross domestic product (GDP) average annual growth, 1990–2003

20. Literacy Rate Literacy is the ability to read and write.
The literacy rate of a country tells you the percentage of people who can read and write in that country.
factbook/