Sectors And Services

These lecture notes are on what industry sectors are and what they do.

An industry sector is an area of the economy with related products or services, these are split into four sections.

1. The primary sector - Extraction and harvesting of natural resources.
2. The secondary sector - Processing, manufacturing and construction.
3. The tertiary sector - Knowledge and services.

There are also the following:

1st Sector, Public Sector - publically owned or state owned; local govt. NHS ect.
2nd Sector, Private Sector - privately owned and usually run for profit.
3rd Sector - voluntary, charity, community owned business not for profit distribution. Eg: RSPCA, NSPCC ect.

Third Sector:
-TSOs
- Includes voluntary and community organisations.
- Professional associations.
- Self help groups and community groups.
- Social Enterprises.
- Mutuals and co operatives.

TSOs
-Three qualities.
1. Independent of government.
2. Value driven.
3. Reinvest any surpluses.

Sectors
- Agriculture, hunting, forestry and fishing.
- Construction.
- Production Industries.
- Service Industries.

Service Industries
- Creative industries.
- Education, health and social work.
- Financial and business services.
- Hotels and restaurants.
- Public administration and defence.
- Real estate and renting.
- Tourism.
- Transport.
- Transport, storage and communication.
- Other social and personal services.

The Creative Industries
- Advertising.
- Architechture.
- Arts and antique markets.
- Crafts.
- Desgin.
- Designer fashion.
- Film video and photography.
- Software, computer games and electronic publishing.
- Music and the visual performing arts.
- Publishing.
- Television.
- Radio.