7.2+Study+Guide+-+Dev+Countries+&+Industries

1. Characteristics of **DEVELOP__//ED//__** Countries:
 * highly urbanized
 * high percentage of people working in manufacturing (2nd) and services (3rd) industries
 * technologically advanced (computers, cell phones, internet users)
 * GDP high
 * GDP (per capita) > $11, 5oo
 * GDP (by sector)-
 * 1) agriculutre: 5% or less
 * 2) industry: 40% or less
 * 3) services: 50% or more
 * Labor force -
 * 1) agriculutre: 1-20%
 * 2) industry: 20% or less
 * 3) services: 50% or more

2. Characteristics of **DEVELOP__//ING//__** Countries:
 * more rural
 * high percentage of people (> 20%) working in agriculture (primary industry)
 * GDP low
 * GDP (per capita) < $11, 5oo
 * GDP (by sector)-
 * 1) agriculutre: 15% or more
 * 2) industry: 35% or less
 * 3) services: 40% or less
 * Labor force -
 * 1) agriculture: 20% or more
 * 2) industry: 30% or less
 * 3) services: 30% or less
 * Infant Mortality Rate - high (> 10 per 1000)
 * Unemployment Rate - high (> 10%)
 * Population Below the Poverty - high (> 20%)
 * Life Expectancy - low (< 70 years old)
 * Literacy Rate - low (< 92%)
 * Human Development Index > 50

3. Examples of **PRIMARY** Industries:  o  Agriculture  o  Fishing  o  Mining  o Forestry  o Extractive industry  § Mining of stone and extraction of fields ( petroleum) Any Type of Natural Resources

4. Examples of **SECONDARY** Industries: Secondary Industry is when the country finds a way to use their natural resources. Secondary Industry examples are- Ford Factories, Food Factories… Secondary products are ice cream, jewelry, cigarettes, butter, glass, wine, pencil, paper, computer,
 * Syrup
 * Marker
 * Water Bottle
 * Clock
 * T.V.
 * Ink

5. Examples of **TERTIARY** Industries:  ©  Defined by exclusion of the two other sectors. Services are defined in conventional economic literature as "intangible goods".  ©  Involves the provision of services to businesses as well as final consumers.  ©  Services may involve the transport, distribution and sale of goods from producer to a consumer as may happen in wholesaling and retailing, or may involve the provision of a service, such as in pest control or entertainment. <span style="COLOR: fuchsia; FONT-FAMILY: Symbol; mso-fareast-font-family: Symbol; mso-ansi-language: EN; mso-bidi-font-family: Symbol"> ©  <span style="COLOR: purple; FONT-FAMILY: 'Comic Sans MS'; mso-ansi-language: EN; mso-bidi-font-family: Arial">Goods may be transformed in the process of providing a service, as happens in the restaurant industry or in equipment repair. <span style="COLOR: fuchsia; FONT-FAMILY: Symbol; mso-fareast-font-family: Symbol; mso-ansi-language: EN; mso-bidi-font-family: Symbol"> ©  <span style="COLOR: purple; FONT-FAMILY: 'Comic Sans MS'; mso-ansi-language: EN; mso-bidi-font-family: Arial">The focus is on people interacting with people and serving the customer rather than transforming physical goods. <span style="COLOR: fuchsia; FONT-FAMILY: Symbol; mso-fareast-font-family: Symbol; mso-ansi-language: EN; mso-bidi-font-family: Symbol"> ©  <span style="COLOR: purple; FONT-FAMILY: 'Comic Sans MS'; mso-ansi-language: EN; mso-bidi-font-family: Arial">Mainly found in **Developed Countries! ~ Schnucks ~ Malls** 6. Examples of **QUATERNARY** Industries: Research (library) Development (Consultant) Information Technology (Google) Scientific Research (Cancer Researcher)
 * //__<span style="COLOR: purple; FONT-FAMILY: 'Comic Sans MS'; mso-ansi-language: EN; mso-bidi-font-family: Arial">Tertiary Industry: __//**