COPYRIGHT
15
PENNSVALLEY
Lesson 8:
Reviewing the Big Ideas of an Economy
Let’splace youout in thewilderness, or on theplains,miles fromnowhere.Suppose youhad to live
in thewildall by yourself.Given that youhave cleanair, howwould you survive if youhadnothingwith
you?What elsewould you need to survive? Fine, find some cleanwater.What would be next? Food,
you say.Howwould you acquire the food?Remember, you have nothing.
Do you need clothing?Perhaps not; it depends upon the climate.However, a shelter of some kind
wouldbeanecessity.Youwouldhave tostart your owneconomywherebyyoumakeor produce things.
Once youmake a product, you have provided a
good
. Find someone else with whom you could sell
or trade the good, and that becomes a
service
.
Now, let’s get a bunch of people together. In order to live, people need goods and services.These
goods and services provideuswith jobs so that we canearna living.The careful andwiseuseof how
our resources, money, exports, imports, goods, and services aremanaged is known as an economy.
Every country has an economy that can range from a strong one to aweak one.
A large part of an economy is connected to industry. Industry is themaking, selling, andmoving of
goods, products, and services. Industry and jobs are divided into four groups.
Primary
industries deal
with rawmaterialsweget fromour natural resources, suchas the soil (farmingand logging), thewater
(fishing), and the earth (mining).
Secondary
industries deal with manufacturing, building, or
processing. Manufacturing needs materials from the primary jobs in order to produce its goods. For
example, growing corn is a primary industry. Processing products from corn, such as cereal, is a
secondary industry.
Jobs in the
tertiary
(tur’sheair e) realmdealwithservices that donot require longperiodsof training,
such as bank tellers, truck drivers, and store clerks. Jobs in the
quaternary
(qwa tur’ na re) deal with
services that require longer periods of special training, such as teachers, doctors, and principals.
ACTIVITY 1:
1)Writewhether thework or jobwould beP= primary, S=secondary, T= tertiary, andQ=quaternary in
the blank space on the left side of each job. 2) After each job, writewhether thework is a good (G) or
a service (S) in the blank space on the right side.The first one is done for you.
doctor
building jets
custodian
hooking up cableTV
selling tickets
engineer
computer programmer
makingDVDs
cashier
TV reporter
mining coal
teacher
making cell phones
designing jets
truck driver
selling cell phones
growing cotton
plumber
raising apples
making clothing
designer
Q
S
Geography Skills
