Economic Sectors and Globalization

The part of the economy that provides services rather than goods (ex: retail).

• Globalization

• Primary Sector

• Secondary Sector

• Tertiary Sector

The part of the economy that involves manufacturing and processing raw materials into products (ex: construction and manufacturing).

• Globalization

• Primary Sector

• Secondary Sector

• Tertiary Sector

The part of the economy that involves the extraction of raw materials (ex: farming and mining).

• Globalization

• Primary Sector

• Secondary Sector

• Tertiary Sector

The increasing interaction and integration of people, companies, and governments worldwide.

• Globalization

• Primary Sector

• Secondary Sector

• Tertiary Sector

A discriminatory practice where services (like loans or insurance) are denied to residents of certain areas based on race or ethnicity.

• Quinary Sector

• Quaternary Sector

• Ethnic Enclave

• Redlining

The practice of hiring external firms or workers to perform tasks that could be done internally.

• Urban Geography

• Economic Development

• Uneven Development

• Outsourcing

The unequal distribution of resources and opportunities across different regions.

• Urban Geography

• Economic Development

• Uneven Development

• Outsourcing

The process by which a region improves the economic well-being of its people.

• Urban Geography

• Economic Development

• Uneven Development

• Outsourcing

The study of how people use space in cities and towns.

• Urban Geography

• Economic Development

• Uneven Development

• Outsourcing

The practice of persuading homeowners to sell property cheaply by suggesting that people of another race or class are moving into the neighborhood.

• Blockbusting

• Gentrification

• Urban Renewal

• Global City