Difference between revisions of "Economy Segments"

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:[[Economy segment]]s may be classified in numerous ways. Two can be considered conventional ones. Fortunately or unfortunately, both use the same term, ''sector''.
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:[[Economy segment|segment]]s of the national or international [[economy]] may be classified in numerous ways. Two of conventional classifications use the same term, ''sector'', for their [[economy segment]]s.
  
:Depending on their ownership, [[enterprise]]s can be easily divided in the [[public sector|public]], [[private sector|private]], and [[nonprofit sector]]s.
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:Depending on their ownership, [[enterprise]]s can be divided in the [[public sector|public]], [[private sector|private]], and [[nonprofit sector]]s.
  
:Another classification groups ''enterprises'' based on a type of produced [[product]]s. This classification is less clear because one ''enterprise'' may produce various types of ''products'', but still popular. Its ''sectors'' are ranked in the way how they were launched historically.
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:Depending on types of produced [[product]]s. ''enterprises'' can be divided in stages of when the segment was historically launched.
  
:*[[Primary sector]] ([[primary degree of the economy]], [[primary stage of the economy]], [[raw materials industry]]). The [[economy segment]] that groups those [[enterprise]]s that extract from nature, renew, and pre-process those [[raw material]]s or substances such as agriculture and mining products that the [[manufacturing industry]] will further process to create those goods and services that can be eventually consumed by [[end-user]]s.
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:The [[primary sector]] or the [[primary stage of the economy]] is the [[raw materials industry]] that extract from nature, renew, and pre-process those [[raw material]]s or substances such as agriculture and mining products that the [[manufacturing industry]] will further process to create those goods and services that can be eventually consumed by [[end-user]]s.
:*[[Secondary sector]] ([[secondary degree of the economy]], [[secondary stage of the economy]]). The [[economy segment]] that groups those [[enterprise]]s that produce physical goods to be eventually consumed by [[end-user]]s.
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:*[[Tertiary sector]] ([[tertiary degree of the economy]], [[tertiary stage of the economy]]). The [[economy segment]] that groups those [[enterprise]]s that produce physical, non-digital services such as retail, tourism, traditional banking, entertainment, etc.
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:The [[secondary sector]] groups those [[enterprise]]s that manufacture physical goods to be eventually consumed by [[end-user]]s.
:*[[Quaternary sector]] ([[quaternary degree of the economy]], [[quaternary stage of the economy]]). One of two:<ol type="a"><li>The [[information technology industry]] or [[economy segment]] that groups those [[enterprise]]s that produce digital products; OR</li><li>The [[economy segment]] that groups those [[enterprise]]s that do research and design new products.</li></ol></div>
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:The [[tertiary sector]] groups those [[enterprise]]s that produce physical, non-digital services such as retail, tourism, traditional banking, entertainment, etc.
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:The [[quaternary sector]] sometimes unites the [[information technology industry]] and those those [[enterprise]]s that do research and design new products.
 
   
 
   
 
'''[[What Industry Is]]''' is the successor [[lectio]].
 
'''[[What Industry Is]]''' is the successor [[lectio]].
  
 
==Quiz==
 
==Quiz==

Revision as of 09:18, 4 May 2020

Economy Segments (hereinafter, the Lectio) is the second lesson part of the Industries and Specialties lesson that introduces its participants to industries, professional specialties, and related topics.

This lesson belongs to the Introduction to Employment session of the CNM Cyber Orientation. The Orientation is the second stage of the WorldOpp Pipeline.


Content

The predecessor lectio is What Economy Is.

Key terms

Economy segment. An area of the economy. Two major conventional classifications divide enterprises in:
  1. Three groups, the public sector, private sector, and nonprofit sector, depending on their ownership.
  2. Three or four groups, the primary sector, secondary sector, tertiary sector, and, optionally, quaternary sector, in which enterprises are grouped based on a type of produced products. This classification also fits into economic phases of precedence, since lower levels of the economy emerged before higher levels and higher levels depend on lower ones. However, every enterprise usually produces some mix of products, so it can belong to several segments.
Both classifications use the same term, sector. Neither of the classifications takes single households into account.

Script

segments of the national or international economy may be classified in numerous ways. Two of conventional classifications use the same term, sector, for their economy segments.
Depending on their ownership, enterprises can be divided in the public, private, and nonprofit sectors.
Depending on types of produced products. enterprises can be divided in stages of when the segment was historically launched.
The primary sector or the primary stage of the economy is the raw materials industry that extract from nature, renew, and pre-process those raw materials or substances such as agriculture and mining products that the manufacturing industry will further process to create those goods and services that can be eventually consumed by end-users.
The secondary sector groups those enterprises that manufacture physical goods to be eventually consumed by end-users.
The tertiary sector groups those enterprises that produce physical, non-digital services such as retail, tourism, traditional banking, entertainment, etc.
The quaternary sector sometimes unites the information technology industry and those those enterprises that do research and design new products.

What Industry Is is the successor lectio.

Quiz