70 0 Less Developed More Developed Life Expectancy

70 0 Less Developed More Developed Life Expectancy Average number of years someone is expected to live in a country

20, 000 0 Less Developed More Developed GDP per capita Value of goods and services produced in a country in a year person

100 0 Less Developed More Developed Infant Mortality Number of infants who die for every 1000 births

100 0 Less Developed More Developed Literacy Rates Percentage of people who can read and write

4 Sectors of the Economy • Primary Sector- extracts or harvests products from the earth • Other examples- agriculture, mining, forestry, farming, grazing, hunting and gathering, fishing, and quarrying • Agriculture- two types– Subsistence- growing enough for your family – Commercial- growing enough to sell

Secondary Sectormanufactures finished goods (makes things from the items extracted from the earth)

Tertiary Sector- the service industry; provides services to the general population and to businesses Other examples- include retail and wholesales, transportation and distribution, entertainment (movies, television, radio, music, theater, etc. ), restaurants, clerical services, media, tourism, insurance, banking, healthcare, and law.

Quaternary Sector- consists of intellectual activities (Mind) Other examples- includes government, culture, libraries, scientific research, education, and information technology.

What sector dominates? Economic Activity • Tertiary Agriculture Manufacturing Service Is it developed, developing, or underdeveloped? Government • Developed

What sector dominates? Economic Activity • Primary Agriculture Manufacturing Service Government Is it developed, developing, or underdeveloped? • Developing