Production factors and changing sectors
הוצג| English | משמעות |
|---|---|
| capital/ˈkæpɪtl/ | הון |
| tertiary sector/ˈtɜːʃjəri ˈsektə/ | תחום השלישי |
A decision you can investigate
- A timber business harvests wood, a workshop makes desks, and a courier delivers them.
- The linked production chain contains three different types of activity.
Build the explanation
- Land includes natural resources; labour is human effort; capital 资本要素 is produced equipment used in production; enterprise organizes resources and bears business risk. Money can finance capital, but a banknote is not itself a machine.
- The primary sector extracts or grows natural resources, the secondary sector manufactures or constructs, and the tertiary sector 第三产业 supplies services. Agricultural productivity can release workers; rising incomes can increase demand for manufactured goods and services. Urbanization and technology also change sector employment and output shares.
Work through the evidence
- Harvesting timber is primary, making desks secondary, and courier delivery tertiary. The forest is land, a carpenter labour, a saw capital, and the owner’s organization/risk-taking enterprise.
- Manufacturing employment rises from 100 to 110 workers while total employment rises from 200 to 250. Its share falls from 100/200 × 100 = 50% to 110/250 × 100 = 44%, despite more manufacturing workers.
Which is capital in the desk workshop?
רמת קושי 1/5 · 100 מטבעות + בונוס קטן בהשלמה הראשונה היום
The produced saw is equipment; forest is land and effort is labour.
Test the limits
- A falling share does not necessarily mean falling absolute output or employment. Employment shares and output shares can differ because sectors have different productivity.
- Countries do not follow one guaranteed path. A resource-rich or service-specialist economy can differ from the simplified primary-to-secondary-to-tertiary pattern.
What is the later manufacturing employment share?
רמת קושי 1/5 · 100 מטבעות + בונוס קטן בהשלמה הראשונה היום
Share = 110/250 × 100 = 44%.
Manufacturing employment can rise even while its share of total employment falls.
רמת קושי 1/5 · 100 מטבעות + בונוס קטן בהשלמה הראשונה היום
True. In the case manufacturing employment rises, but total employment rises faster, so its share falls.
Apply and explain your answer
- How can manufacturing employment rise while its employment share falls?
- Total employment can grow faster than manufacturing employment.
Which activity is secondary?
רמת קושי 1/5 · 100 מטבעות + בונוס קטן בהשלמה הראשונה היום
Transforming material into a manufactured product is secondary activity.
Use the terms precisely
- capital: Produced equipment and structures used to make goods or services.
- tertiary sector: Economic activities providing services.
Match the terms to their meanings.
רמת קושי 2/5 · 140 מטבעות + בונוס קטן בהשלמה הראשונה היום
Each term describes a specific mechanism in this lesson.
Harvesting timber is primary, making desks secondary, and courier delivery tertiary. The forest is land, a carpenter labour, a saw capital, and the owner’s organization/risk-taking enterprise. Manufacturing employment rises from 100 to 110 workers while total employment rises from 200 to 250. Its share falls from 100/200 × 100 = 50% to 110/250 × 100 = 44%, despite more manufacturing workers.
A falling share does not necessarily mean falling absolute output or employment. Employment shares and output shares can differ because sectors have different productivity. Countries do not follow one guaranteed path. A resource-rich or service-specialist economy can differ from the simplified primary-to-secondary-to-tertiary pattern.
Land includes natural resources; labour is human effort; capital is produced equipment used in production; enterprise organizes resources and bears business risk. Money can finance capital, but a banknote is not itself a machine.
Write from a share of 30 percent
- Mining is primary, making furniture is secondary and selling it in a shop is tertiary.
- Manufacturing employment rises from 80 to 90. Total employment rises from 200 to 300.
Mining, furniture making and shop sales are which sectors? Manufacturing employment rises from 80 to 90 while total employment rises from 200 to 300. What happens to manufacturing's share?
A sector share is that sector's employment divided by total employment. More workers in one sector can still be a smaller share.
What is manufacturing's employment share after the change?
רמת קושי 1/5 · 100 מטבעות + בונוס קטן בהשלמה הראשונה היום
90 divided by 300 is 30 percent. The original share was 40 percent, and 90 is a count rather than a share. Other options — 40 percent (the original share); 90 percent (because 90 people work in manufacturing).