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Quaternary is a type of industry that involves with technology researches and development.
Quinary is a type of industry that involves in making decision. However, the members in quinary are very small.

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This video is a brief summary of what we have learnt in geography class surrounding the topic of development. More specifically the 3 sectors of business, globalization and employment factors.

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Human Development Index.
Is a composite statistic of life expectancy, education, and income per capita indicators.

Gender Inequality Index
is an index for measurement of gender disparity that was introduced in the 2010 Human Development Report 20th anniversary edition by the United Nations Development Programme

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Life expectancy is a part of the Variety of Indicators.
This measures the average of which a person lives by age.

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Literacy measures the percentage of adults who can read or write.

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Economic Growth measures the annual increases in GDP, GNP, GPD per Capita or GNP per Capita

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Is a country's GNP divided by its population. (per capita means per person)
The amount depends on the population density and also the amount of the GNP.

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GNP a short for Gross National Product measures the total economic output of a country, including earnings from foreign investments.

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GDP a short for Gross Domestic Product is the total value of goods and services produced by a country in a year.

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increased international trade

Companies could operate in more than one country.

Dependent on global economy

free movement of capital, goods, and services

recognition of companies (exp.: McDonalds and Starbucks in LEDC

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Coca Cola

Coca Cola is the number one manufacturer of soft drinks in the world. Their headquarters is situated in Atlanta Georgia, USA. It is probably the best known brand symbol in the world. They sell nearly 400 different products in more than 200 different countries. 70% of its sales are generated outside of North America. Production is based on the franchise system

Positive Effects of TNC

. Many TNC’s to improve their image get involved with schemes to help the poor. Coca Cola runs some community schemes in Africa and South East Asia.

. One of Coke’s microfinance startup schemes provide 4000 Vietnamese women with the merchandise, training and basic equipment to begin selling Coca Cola.

. Coca Cola has invested $1.5 billion in the Russian Economy, this includes training, the construction of manufacturing plants and improvements to infrastructure.

Negative Effects of TNC
. Low paid, semi skilled or unskilled production takes place in LEDC’s. Management, design and marketing take place in MEDC’s.

. If the TNC experiences problems, the newest oversea branch plants are the first to be closed.

. Some people think that companies like Coca Cola are adding to the water stress of the area because the water should be used for agriculture.

. TNC’s are very powerful; if they are not happy with the economic conditions within the host country they will pull out leaving people unemployed.

. Environmental regulations are often less strict in LEDC’s: some TNC’s take advantage of this.

. Profits are returned to the shareholders, very little of the money remains in the host countries.

. Working conditions in some factories are harsh: long hours for very little pay. Employees get very few benefits and there are unlikely to be any unions.

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- Numbers
- Percentage
- Movement Between
- Growth Overtime

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Globalisation is the process of interacting between people or countries.

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Tertiary industries are involved in services to customers such as retailing, transport, designing, etc.

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Secondary industries are responsible for manufacturing the raw materials such as factories.

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Primary industries are involved in producing raw materials such as fishing, forestry, farming, mining, etc.