What Sector Of The Economy Do Services Fall Under Quizlet?

by | Last updated on January 24, 2024

, , , ,

What sector of the economy do services fall under? The tertiary sector .

What are the three subdivisions of the service sector of the economy quizlet?

What are the three subdivisions of the service sector of the economy? Consumer, business and public services .

What distribution must services follow APHG?

What distribution must services follow? It must follow to a large extent the distribution of where people live, within a city, country, or world region .

What is the purpose of a market area study AP Human Geography?

Term Definition Market area (or Hinterland) The area surrounding a central place, from which people are attracted to use the place's goods and services. Nonbasic industries Industries that sell their products primarily to consumers in the community.

Where is the central place phenomenon documented in the US?

11. Who documented the central place phenomenon in the U.S.? Where? Brian Berry, Midwest U.S.

What sector of the economy do services fall under AP Human Geo?

Any activity that fulfills a human want or need and returns money to those who provide it. What sector of the economy do services fall under? The tertiary sector . You just studied 50 terms!

What does central place theory seek to explain quizlet?

Define central place theory. A theory that explains the distribution of services based on the fact that settlements serve as centers of market area for services ; larger settlements are fewer and farther apart than smaller settlements and provide services for a larger number of people who are willing to travel further.

What are the three types of services?

Services are diversified in three groups; Business services, social services and personal services .

What two types of business services are attracted to LDCs?

Question Answer A firm that sells its products primarily to consumers ouside its settlement is a... D) Basic industry The hierarchiacal organization of settlements by size is known as the... D) Rank-size rule LDCs specialize in what two types of business services? d) Offshore financial and back office

What are the three types of business services and provide an example of each APHG?

  • Professional services – law, management, accounting, architecture, engineering...
  • Financial services – finance, insurance & real estate (FIRE) including banks & insurance companies.

What is christaller's theory?

The German geographer Walter Christaller introduced central-place theory in his book entitled Central Places in Southern Germany (1933). ... Christaller's theory assumes that central places are distributed over a uniform plane of constant population density and purchasing power.

Why are services clustered?

Introducing Services and Settlements Services account for more than two-thirds of GDP in most developed countries, compared to less than one-half in most developing countries. Services cluster in developed countries because more people who are able to buy services live there.

What sector of economy do services fall under?

The service sector, also known as the tertiary sector , is the third tier in the three sector economy. Instead of the product production, this sector produces services maintenance and repairs, training, or consulting.

What are some strengths of central place theory?

Name some strengths of Central Place Theory. His model yielded practical conclusions, like the fact that ranks of urban places form a hierarchy, places of the same size and number of functions would be far away from eachother , and larger cities would be farther away from eachother than smaller cities.

Why have Ldcs been attracted to back offices?

Why have LCD's been able to attract back offices? Low wages and the ability to speak English . Exports primarily to consumers outside the settlement. Enterprises whose customers live in the same community -essentially consumer services.

What shape does central place use for market areas?

As settlements grow, its range and functions that it provides also grow. As settlements grow, they tend to specialize more and provide greater services. Central Place Theory can be visualized is a pattern of hexagons and networks that form when setting up the arrangements of the different order of settlements.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.