tradesmen, doctors, engineers, teacher, police, military, transportation industry. Quaternary – great indicator on how well the state is and future growth/profit. Astronauts, space program. Information creation. Information sector. Other examples: archaeologist, research scientists, computer programmers, analyst, and newspaper editor. They don’t provide finished good or direct service. They are creating or modifying information. Then in turn maybe used by a variety of services to create a variety of things. What they o can be significant for future in a gigantic way. What type of countries has this? The rich ones. Advanced economy. High-ticket items of the future. Low education system, broke, probably not a lot in the future is when people don’t have astronauts. What can we tell about the country by how many people are in the sectors. Economic sector Smack down: Rich countries - have a lot of tertiary sectors. Virtually no primary sectors. Not a lot of secondary as well. Poor countries have primary sectors and small secondary sectors and barley any tertiary sectors. They are poor because primary industry isn’t worth much. Brazil Egypt turkey china is in the middle – balanced.
- Fall '08
- National accounts, Three-sector hypothesis, Economic Sector