THE PRIMARY, SECONDARY, TERTIARY AND - The Review …

THE primary , secondary , TERTIARY AND QUATERNARY SECTORS OF THE ECONOMY US. Federal Reserve Board The recognition of differences among the major sectors of the economy, such as agriculture, commerce, or manufacturing, has a considerable tradition in economic thinking. Also, there is evidence that important national and international predicaments of our time are closely related to sectoral-structural developments. Yet economists in the developed countries are often disinclined to study the shifts among the megasectors. This paper suggests that an intensified study of the topic may be profitable. In order to support this proposition it first reflects on the traditions of sectoral emphasis in literature. Second, it considers the evidence for the ascendancy of the quaternary activities.

his book, The Clash of Progress and Security, in 1935. It took its origin from the titles current in Australia and New Zealand of 'primary industry' for agriculture, grazing, trapping, forestry, fishing and mining, and 'secondary industry' for manufacture. In Australia and New Zealand

Tags:

  Review, Primary, Book, Secondary, Tertiary, Clash, Tertiary and, The primary, The clash

Information

Related search queries