tertiary sector presentation

NEWS PAPER

April, 27

Tertiary Sector

From Farming to Services

Ipic.1 example of a tertiary job.

A look at the Evolution of the tertiary Sector and Understanding the of Services in the Modern Economy

Production

Distribution

Creation of products to sell to their costumers.

Transport system to take the goods into different geographical areas.

Summary

01

02

03

The Sectors

Definition

Cover

04

06

07

Statistic Data

Evolution of economy

Tertiary Sector

08

09

10

Conclusion

Reason why

Jobs and salary

The Definition of Economy

Economics is the study of how individuals, businesses, and governments make decisions about the allocation of resources, with the goal of maximizing efficiency, productivity, and overall well-being. It is a social science that examines how people interact with each other and with the environment to produce and consume goods and services.

The term "economy" refers to the system of production, distribution, and consumption of goods and services within a society or country. It encompasses all the activities and transactions related to the creation and exchange of value, including the management of resources, the allocation of goods and services, and the creation of wealth.

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Tertiary sector

Secondary sector

Primary sector

Quaternary sector

Process of raw materials

envolves activities as :

Concerned in the

Based upon

The knowledge Economy, Education, R&D, Public Sector

Agriculture, fishing, forestry, mining, deposits.

Construction industries and manufacturing.

Retail, Tourism, Banking, Entertainment.

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Long term evolution

of the tertiary sector

The growth of the tertiary sector can be attributed to several factors, including advances in technology, increased consumer demand for services, and globalization. As technology has advanced, many routine tasks that were previously done manually have been automated, freeing up resources to invest in the service sector. Additionally, as consumers' disposable incomes have increased, they have become more willing and able to spend money on services, such as healthcare, education, and leisure activities.

In the mid-20th century, the primary and secondary sectors (agriculture, mining, manufacturing, and construction) dominated most economies worldwide. However, since then, the tertiary sector has experienced significant growth and has become the largest sector in many developed countries. For example, in the United States, the share of GDP generated by the tertiary sector increased from 41% in 1950 to 83% in 2020. Similarly, in the European Union, the tertiary sector's share of GDP increased from 44% in 1960 to 75% in 2020. These trends are indicative of a global shift towards service-based economies.

Flexibility: Many jobs in the tertiary sector offer flexible working arrangements, such as part-time, remote, or flexible hours. This can be attractive to individuals who value work-life balance and want to have more control over their schedules.

Why the Tertiary Sector?

Variety is one of them

The tertiary sector offers a wide range of career options, from healthcare and education to finance and technology. This diversity allows individuals to choose a career that aligns with their interests and skill set.

Potential for Advancement, the he tertiary sector often provides opportunities for career advancement and professional development. Many companies and organizations within the sector offer training programs and support employees in pursuing additional education and certifications.

Job stability, the largest and fastest-growing sector in many economies, the tertiary sector offers relatively stable employment opportunities. In many cases, service jobs are less susceptible to automation and outsourcing compared to jobs in the primary and secondary sectors.

Positive Impact: Many jobs within the tertiary sector involve providing services that directly improve people's quality of life, such as healthcare, education, and social services. This can be a motivating factor for individuals who want to make a positive impact on society.

Statistic Data

Dated at 2022

According to the Bureau of Labor Statistics in the United States, the service-providing sector (which includes the tertiary sector) employed approximately 129.5 million people in February 2022, which accounts for 84.3% of total non-farm employment. This indicates that the majority of jobs in the US are in the service sector, highlighting the sector's significant contribution to the economy. This data also suggests that the growth and performance of the service sector are essential to the overall health of the US labor market.

Web Developer

Financial Advisor

A financial advisor helps people create long-term strategies for building wealth and managing risk. They can help you track, manage and balance your investment portfolio. Also provide helpful advice on lots of other financial issues and decisions. Helping you with all types of financial planning, this means everything from saving for retirement to handling an inheritance.

A web developer job is to create websites. While their primary role is to ensure the website is visually appealing and easy to navigate, many web developers are also responsible for the website´s performance and capacity.

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Why i chose this sector.

It´s simple

There are two main reasons why i chose the tertiary sector, the pay and the appeal of the work itself.Much of the work in the other sectors are limited and have no room for advancement and can be ardous and even dangerous.

the tertiary sector is the fastest growing sector in the world.

I identify and see myself working in this sector.

Conclusion

I hope this short presentation helped you understand more of the tertiary sector.

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Webgraphy

https://www.linguee.pt/https://www.knowledgewow.com/

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