The%20Tertiary%20

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The Tertiary Beyond
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• A. High-Tech Producers
• U.S., E.U., Japan, China, South Korea
• 1. High-tech jobs considered white collar jobs in
  the quaternary/quinary
• communications, computers, software,
  pharmaceuticals, biotechnology, aerospace,
  robotics
• high-tech produces from thecoreto
  theperiphery
• 3. part of the knowledge economy

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• Employment growth in high-tech industries created
  8 million new jobs in U.S. (1986-2000)
• Regional concentrations agglomerated in
• -- California (Silicon Valley), Pacific N.W.
  (aeronautical), New England (biomedical)
• Why agglomerated???
• 1. proximity to universities
• 2. avoid areas of strong unionization
• 3. local venture capital
• 4. quality of life
• 5. facilitation of communication
  transportation links
• 6. Special Economic Zones (SEZ)
  Export-Processing Zones (EZP)

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Electronic Computer Industry
Computer and parts manufacturing requires
highly skilled workers and capital. It is
clustered in the Northeast and the West Coast.
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What is the Service Economy where are services
concentrated?
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B. Service Economy

• tertiary service sector jobs
• restaurants, banking, education, offices, fast
  food, retail, hotels, tourism
• 1. 1850 60 of labor force in primary sector
• 2. In the post-industrial U.S. economy today
  (2000) 2 in primary80 in tertiary
• Service Industry Giant Tourism
• 11 of all the jobs around the world in tourism

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Service Sector Employment
Over half of workers are employed in the service
sector in most MDCs, while a much smaller
percentage are in the service sector in most LDCs.
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C. Geographical Dimensions of the Service
Economy

• New Influences on Location
• - Information Technologies
• - Less tied to energy sources
• - Telecommunications increases market
  accessibility
• - Presence of Multinational Corporations

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D. High-Tech Corridors

• 1. An area designated by local or state
  governments w/ lower taxes to provide high-tech
  jobs
• i.e. Silicon Valley, California
• Technopole high tech agglomeration built
  between tech companies
• i.e. Route 128 in Boston

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Plano-Richardson, TexasTelecom Corridor is just
north of Dallas
http//www.telecomcorridor.com/site-selection/majo
r-employers-1
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FOOD FOR THOUGHT
What majors are most popular at local/state
colleges or universities?
Do any service/high- technology corridors exist
in Florida?
What could be a new service/high-technology
corridor for our region?
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http//www.floridahightech.com/region/
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E. Black Market Economics the informal
economy

• More than half the world works in the informal
  sector!
• informal economy best way to allocate scarce
  resources for the highest possible returns.

• 3. command economies (U.S.S.R./Cuba) tend to
  have large black markets
• 4. Offshore Financial Centers (mostly in
  Caribbean S. Pacific)