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Economic sectors. BUSINESS ENGLISH 1, 2009/10, PE6 Team: ELITE Josip Kovačić, Katarina Kovačić, Ivona Kovačić, Martina Kulušić, Maja Kontek , Iva Krasić. A nation ’s economy can be divided into various sectors to define the proportion of the population engaged in the activity sector
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Economicsectors BUSINESS ENGLISH 1, 2009/10, PE6 Team: ELITE Josip Kovačić, Katarina Kovačić, Ivona Kovačić, Martina Kulušić, Maja Kontek, Iva Krasić
A nation’s economycanbedividedintovarioussectors to definetheproportionofthepopulationengagedintheactivitysector • Continuumof distance fromthe natural environment • Startswiththeprimarysector • Extractionof raw materials fromtheearth Primarysector
11% • Agriculture • Mining • Forestry • Farming • Grazing • Hunting • Gathering • Fishing • Quarrying Theprimarysectorincludes:
48% ofCroatianterritory is coveredby woods andforests • increasedexportof raw wood andwoodproducts • most importantexportmarkets: • Germany • Italy • France • more than 58% ofproductvalue is exported WOOD PROCESSING AND WOOD PRODUCTS
More than 1000 years of fishing tradition in Croatia • Traditional high-quality products from the Adriatic Sea FISHERYAND FISHPROCESSING
Secondarysector • finsihed, useableproducts: manufacturing & construction • primarysectoroutputused to manufacturefinishedgoods
Lightindustry: • production of small consumer goods • clothes, shoes, furniture, etc. • lessenvironmentalimpact • "manufacturing activity that uses moderate amounts of partially processed materials to produce items of relatively high value per unit weight".
Heavy industry: • production of products which are either heavyin weight or theirproduction… • …makes a largerenvironmentalimpact • …requireslargebuildings, chemical plants, cranes, budozers, etc.
Manufacturing: 1/5 of GDP, 1/4 of work force • Construction: 5,7% of GDP Secondary sector in Croatia
present on the world market for almost half a century • works almost exclusively for foreign shippers • there are 7 big, 14 middle-sized and 352 small shipyards Shipbuilding industry
The tertiary sector of the economy is the service industry. • This sector provides services to the general population and to businesses. • Services-"intangible goods" Tertiary sector
In most developedanddevelopingcountries, a growingproportionofworkers are employedinthetertiarysector.
Bankinginsurance transport and distribution communications advertising retailing social services tourism trade education
slow growth in tertiary sector(only 55%)-resulted by the late privatisation and underdevelopment • Most important services:international trade and tourism
notablesourceofincome • withover 10 millionforeigntouristsperyear • manytouristdestinations • Croatia is rankedamongstthe top 20 most popular touristdestinationsinthe world Tourism