M Long - SOC 315 Week 2 Questions

M Long - SOC 315 Week 2 Questions - Maggie (Margaret) Long...

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Maggie (Margaret) Long Ragonesi SOC 315-41 June 8, 2010 Week 2 Questions 6. What are the Sectors that Jean Fourastié describes in his analysis of sector classification? Explain and give examples of this process. In his analysis of sector classification, Jean Fourastié describes three sectors of an economy: a primary, secondary and tertiary sector. The primary sector consists of commodity production including agriculture and mining. The secondary sector consists of manufacturing and processing as developed during industrialization. The tertiary sector is composed of service industries such as the customer service, law, medicine or hospitality industries (Industrialization, 2010). 7. In terms of changes to society, what were some changes as a result of the economic impact of the second industrial revolution? Describe the process and give some examples. Changes to society resulting from the economic impact of the second industrial revolution include “the remaking of the working class as new technologies appeared; the creation of a larger, increasingly professional, middle class; the decline of child labor; and the dramatic growth of a consumer-based, material culture” (Second Industrial Revolution, 2010). During the second industrial revolution, increases in railroad use opened new areas to commercial farming which created a national marketplace that supported a boom in coal mining and steel production. The need for capital helped consolidate the financial market in Wall Street and, by the turn of the century, most industries had been consolidated and a handful of large corporate trusts dominated the steel, oil, sugar, meatpacking and agriculture machine manufacturing (Second Industrial Revolution, 2010). Mechanization created a large number of jobs for both skilled and unskilled labors and,
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M Long - SOC 315 Week 2 Questions - Maggie (Margaret) Long...

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