What is it

• What are the three types of economic activities?

  Primary, secondary, and tertiary
• What is the definition of economic activities?

  Actions people take to earn a living
• What do secondary economic activities involve?

  Making or manufacturing something
• What are examples of primary economic activities?

  Fishing, farming, and forestry
• What is an example of a tertiary economic activity?

  Teacher
• What percentage of the working population in Ireland is employed in the primary sector?

  Less than 10 percent
• Why might economically developed countries have a higher percentage of the working population in the primary sector?

  Due to reliance on agriculture and resources
• What are natural resources?

  Useful things in the natural world
• What are the two types of natural resources?

  Renewable and non-renewable resources
• What is an example of a renewable resource?

  Water
• What happens to renewable resources if used sustainably?

  They will not run out
• What is an example of a non-renewable resource?

  Oil
• What happens to non-renewable resources when they are used?

  Less of that resource is left
• What is exploitation in the context of natural resources?

  Using natural resources for human benefit
• What is the consequence of over-exploiting natural resources?

  They will not be available for future generations
• What are the characteristics of renewable resources?

  • Can be used repeatedly
  • Sustainable if properly managed
  • Also called infinite resources
• What are the characteristics of non-renewable resources?

  • Can only be used once
  • Will eventually run out
  • Also called finite resources
• What are the similarities and differences between primary, secondary, and tertiary economic activities?

  Similarities:

  • All are economic activities for earning a living

  
  

  Differences:

  • Primary: Directly with natural resources
  • Secondary: Manufacturing and production
  • Tertiary: Providing services