Search results
Results from the WOW.Com Content Network
The secondary sector depends on the primary sector for the raw materials necessary for production. Countries that primarily produce agricultural and other raw materials (i.e., primary sector) tend to grow slowly and remain either under-developed or developing economies.
Various empirical studies seemingly confirm the three-sector hypothesis, but employment in the primary sector fell far more than Fourastié predicted. Germany's Federal Statistical Office study shows the following employment proportions for 2014: primary sector at 1.5%, secondary sector at 24.6%, and tertiary sector at 73.9%. [9]
Germany * 1 28 71 2021 Ghana * 39 19 41 2021 Gibraltar * N/A 40 60 2001 Greece * 11 15 73 2021 Greenland * 4.9 31.90% 63.2 2007 est. Grenada * 24 14 62 1999 est. Guam * 0 14 86 2021 Guatemala * 29 22 49 2021 Guinea * 59 7 34 2021 Guinea-Bissau * 50 10 39 2021 Guyana * 13 25 62 2021 Haiti * 46 12 42 2021
By chiefly focusing on trying to salvage its industry champions, German policymakers may have overlooked the untapped growth potential of the country's services sector. The German economy, once ...
At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time, the fraction of a society's activities within each sector changes.
Secondary sector jobs are mostly low-skilled, require relatively little training, and can be learned relatively quickly on the job. Many such jobs feature high turnover, and/or variable demand. Employers are reluctant to invest in such workers, via advanced training or other employee development activities.
Bosch struggles in Germany’s flatlining economy Bosch is one of Germany’s biggest employers, with a headcount of 429,000 people at the end of 2023, according to its latest annual report.
As Chinese EVs like BYD swarm Europe’s key markets, historic examples of deindustrialization pose a warning to the continent’s carmakers Ryan Hogg April 10, 2024 at 1:00 AM