Difference between revisions of "Economy Segments"

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[[Economy Segments]] (hereinafter, the ''Lectio'') is the second [[lectio|lesson part]] of the '''[[Industries and Specialties]]''' [[lesson]] that introduces its participants to [[industry|industri]]es, [[professional specialty|professional specialti]]es, and related topics.
 
[[Economy Segments]] (hereinafter, the ''Lectio'') is the second [[lectio|lesson part]] of the '''[[Industries and Specialties]]''' [[lesson]] that introduces its participants to [[industry|industri]]es, [[professional specialty|professional specialti]]es, and related topics.
  
[[File:Educaship-pipeline.png|400px|thumb|[[WorldOpp Pipeline]]]]This ''lesson'' belongs to the [[Introduction to Employment]] session of the [[CNM Cyber Orientation]]. The ''Orientation'' is the second stage of the [[WorldOpp Pipeline]].
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[[File:Educaship-pipeline.png|400px|thumb|[[WorldOpp Pipeline]]]]This ''lesson'' belongs to the [[Introduction to Employment]] session of [[EmployableU Concepts]].
  
  
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The predecessor [[lectio]] is [[What Economy Is]].
 
The predecessor [[lectio]] is [[What Economy Is]].
  
===Key terms===
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===Script===
:'''[[Economy segment]]'''. An area of the [[economy]]. Two major conventional classifications divide [[enterprise]]s in:<ol type="a"><li>Three groups, the [[public sector]], [[private sector]], and [[nonprofit sector]], depending on their ownership.</li><li>Three or four groups, the [[primary sector]], [[secondary sector]], [[tertiary sector]], and, optionally, [[quaternary sector]], in which [[enterprise]]s are grouped based on a type of produced [[product]]s. 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''.</li></ol>Both classifications use the same term, ''sector.'' Neither of the classifications takes single households into account.<div style="background-color:#efefef; padding: 5px; margin: 15px;">
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:Various [[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.
:*'''[[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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:*'''[[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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:Depending on their ownership, [[enterprise]]s can be divided in the [[public sector|public]], [[private sector|private]], and [[nonprofit sector]]s.
:*'''[[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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:*'''[[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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:Depending on types of produced [[market exchangeable]]s, ''enterprises'' can be divided in stages of when the segment was historically launched.
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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.
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:The [[secondary sector]] groups those [[enterprise]]s that manufacture physical goods to be eventually consumed by [[end-user]]s.
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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.
  
===Script===
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:The [[quaternary sector]] may unite the [[information technology industry]] and those those [[enterprise]]s that do research and design new products.
:[[Economy segment]]s may be classified in numerous ways. Two can be considered conventional ones. Fortunately or unfortunately, both use the same term, ''sector''.
 
  
: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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:No one classification is ideal. On the one hand, some can argue that the humanity historically launched the [[nonprofit sector]] first, followed by the [[public sector]] with the rise of royal states, and, eventually, the [[private sector]]. On another hand, one enterprise may produce a variety of products that may belong to different types. The [[concept]] of [[industry|industri]]es has been created to classify ''enterprises'', and, therefore, [[employer]]s, more specifically.  
  
:Another classification groups ''enterprises'' based on a type of produced [[product]]s.
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===Key terms===
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:[[Economy segment]], [[primary sector]], [[secondary sector]], [[tertiary sector]], [[quaternary sector]]
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===Closing===
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:Among the [[primary sector|primary]], [[secondary sector|secondary]], [[tertiary sector|tertiary]], or [[quaternary sector]]s of the [[economy]], do you target any particular one for your future work? --Yes/No/Let's move on for now
  
Three or four groups, the [[primary sector]], [[secondary sector]], [[tertiary sector]], and, optionally, [[quaternary sector]], in which [[enterprise]]s are grouped . 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''.</li></ol>Both classifications use the same term, ''sector.'' Neither of the classifications takes single households into account.<div style="background-color:#efefef; padding: 5px; margin: 15px;">
 
:*[[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.
 
:*[[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.
 
:*[[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.
 
:*[[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>
 
 
 
'''[[What Industry Is]]''' is the successor [[lectio]].
 
'''[[What Industry Is]]''' is the successor [[lectio]].
  
==Quiz==
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==Questions==
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===Placement entrance exam===

Latest revision as of 21:32, 29 October 2023

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 EmployableU Concepts.


Content

The predecessor lectio is What Economy Is.

Script

Various 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 market exchangeables, 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 may unite the information technology industry and those those enterprises that do research and design new products.
No one classification is ideal. On the one hand, some can argue that the humanity historically launched the nonprofit sector first, followed by the public sector with the rise of royal states, and, eventually, the private sector. On another hand, one enterprise may produce a variety of products that may belong to different types. The concept of industries has been created to classify enterprises, and, therefore, employers, more specifically.

Key terms

Economy segment, primary sector, secondary sector, tertiary sector, quaternary sector

Closing

Among the primary, secondary, tertiary, or quaternary sectors of the economy, do you target any particular one for your future work? --Yes/No/Let's move on for now

What Industry Is is the successor lectio.

Questions

Placement entrance exam