Changing Economy

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  • Created by: caits
  • Created on: 08-04-14 17:48

^^^ The Clark Fisher Model:

1. Pre Industrial:

  • Primary industry was domimant
  • Income was low
  • The first stage is about mining and other primary employment

2. Industrial:

  • Industrial periods are dominated by the secondary sector
  • New factories spring up and town begins to grow
  • The focus of the tertiary sector is centred on transport, water, electricity and finance
  • The tertiary sector grows at a very fast pace
  • As economies develop and income rises the demand for agriculture and manufactured goods will increase
  • The tertiary sector is about services such as health, haridressing…


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