Unit One Unit One

The Three Sectors of the EconomyThe Three Sectors of the Economy

Your objectiveYour objective

Through learning this unit, you are expected to Through learning this unit, you are expected to have a general understanding of the concepts anhave a general understanding of the concepts and elements in the three sectors of the economy, d elements in the three sectors of the economy, make a proper description of the importance of thmake a proper description of the importance of the infrastructure in a modern industrialized country.e infrastructure in a modern industrialized country.

The project to be accomplished:The project to be accomplished:

Each group shall make a survey about the infrastrEach group shall make a survey about the infrastructure/one of the three sectors in Shen Zhen and ucture/one of the three sectors in Shen Zhen and write a report (at 2000 words). Make a representawrite a report (at 2000 words). Make a representation in the next period. tion in the next period.

I. The Economic InfrastructureI. The Economic Infrastructure

1.1 Discussion: 1.1 Discussion:

a. If you plan to set up a new factory in a city a. If you plan to set up a new factory in a city in a foreign country, what factors will you take into in a foreign country, what factors will you take into consideration before you take the action? Each consideration before you take the action? Each group make a list of the factors you are going to group make a list of the factors you are going to consider.consider.

b. What’s your understanding of economic b. What’s your understanding of economic infrastructure?infrastructure?

InfrastructureInfrastructure means: the goods and services, usually means: the goods and services, usually requiring substantial investment, considered requiring substantial investment, considered essential to the proper functioning of an economy. essential to the proper functioning of an economy. For example, roads, railways, sewerage, and For example, roads, railways, sewerage, and electricity supply constitute essential elements of electricity supply constitute essential elements of a community’s infrastructure. Since the a community’s infrastructure. Since the infrastructure benefits the whole of an economy, if infrastructure benefits the whole of an economy, if is often argued that it should be funded, partly if is often argued that it should be funded, partly if not wholly, by the government by means of not wholly, by the government by means of taxation.taxation.

Group workGroup work: : Look and discussionLook and discussion

Look at the picture and make a list of the most Look at the picture and make a list of the most prominent features in the photograph, which prominent features in the photograph, which illustrates various important elements of the illustrates various important elements of the infrastructure of a modern industrialized country.infrastructure of a modern industrialized country.

1b. Reading1b. Reading

1b.1 Word study1b.1 Word study

1) printed circuit—1) printed circuit— 印刷电路印刷电路2)mosaic--A picture or decorative design made by 2)mosaic--A picture or decorative design made by setting small colored pieces, as of stone or tile, intsetting small colored pieces, as of stone or tile, into a surface.o a surface. 马赛克图画或装饰性的设计马赛克图画或装饰性的设计3)cram into--to force, press, or squeeze into an in3)cram into--to force, press, or squeeze into an insufficient spacesufficient space

4)pebble--A small stone, especially one worn smo4)pebble--A small stone, especially one worn smooth by erosion.oth by erosion. 鹅卵石鹅卵石5)semis—partially finished product 5)semis—partially finished product 半成品半成品66）） inhabit—live or reside in inhabit—live or reside in

oblivious --Lacking all memory; forgetful.oblivious --Lacking all memory; forgetful. He was oblivious of what was happening.He was oblivious of what was happening.immense--Extremely large; hugeimmense--Extremely large; hugeWeld—Weld—焊接焊接Ore—Ore—铁铝氧石铁铝氧石Aluminium-Aluminium- 铝铝Spout—Spout—管口管口Coils—Coils—卷带马口铁卷带马口铁Nut—Nut—螺母螺母 , , 螺帽螺帽Bolt—Bolt—螺栓螺栓Washer—Washer—垫圈垫圈Rivet—Rivet—垫圈垫圈insulation—insulation— 绝缘材料绝缘材料Spring--Spring-- 塑胶塑胶plastic trimmings--plastic trimmings-- 焊缝焊缝myriad (people)– innumerable myriad (people)– innumerable

1C Three sectors in economy1C Three sectors in economy1C.a. Business concepts1C.a. Business conceptsThe primary sector-The primary sector---agriculture, and the extraction of --agriculture, and the extraction of raw materials from the earth;raw materials from the earth;

The secondary sector-----The secondary sector-----manufacturing industry, in manufacturing industry, in which raw materials are turned into finished products which raw materials are turned into finished products ( including a certain range of services: administration, ( including a certain range of services: administration, law, finance, marketing, selling, computing, personnel, law, finance, marketing, selling, computing, personnel, and so on)and so on)

The tertiary sectorThe tertiary sector------the commercial services that help the commercial services that help industry produce and distribute goods to the final industry produce and distribute goods to the final consumers, as well as activities such as education, consumers, as well as activities such as education, health care, leisure, tourism, and so on.health care, leisure, tourism, and so on.

Sectors of industry:Sectors of industry: PrimaryPrimary SecondarySecondary TertiaryTertiary

Business types:Business types: ProprietorshipProprietorship PartnershipPartnership corporationcorporation

Which sectors do the following brands belong to?

1C.b. Group work1C.b. Group work

1)1) In lines 4-7, Robyn sees examples of all three. What In lines 4-7, Robyn sees examples of all three. What are they?are they?

2)2) Classify the 18 activities from the passage according Classify the 18 activities from the passage according to which sector they belong to to which sector they belong to

3)3) Can you think of three important activities to add to Can you think of three important activities to add to the list not necessarily in relation to the kettle?the list not necessarily in relation to the kettle?

1d. Discussion1d. Discussion

Which sector do you intend to do ? How do you fit into Which sector do you intend to do ? How do you fit into the picture?the picture?

II. Manufacturing and ServicesII. Manufacturing and Services2a. Discussion2a. Discussion What will people long to do when a country is fully What will people long to do when a country is fully

industrialized?industrialized? What is your understanding of “post industrial What is your understanding of “post industrial

countries”?countries”?

2b.Reading2b.ReadingRead the extra and answer the questions:Read the extra and answer the questions: 1) Why do people worry about the decline of 1) Why do people worry about the decline of

manufacturing?manufacturing?2)Which activities are important as the production of 2)Which activities are important as the production of

goods?goods?3)Should people worry about this state of affairs?3)Should people worry about this state of affairs?

2c. Listening2c. Listening Listen to a short review and answer the questions on Listen to a short review and answer the questions on

page 13. page 13.

2)2) Group work--writing:Group work--writing:

Summarize both Galbraith’s and MacShane’s argumSummarize both Galbraith’s and MacShane’s arguments in a short paragraph of fewer than 50 words.ents in a short paragraph of fewer than 50 words.

Group work: presentationGroup work: presentation

Project : Each group shall make a survey about thProject : Each group shall make a survey about the infrastructure/one of the three sectors in She infrastructure/one of the three sectors in Shen Zhen and write a report (at 2000 words). en Zhen and write a report (at 2000 words).

Make a representation in the next period.Make a representation in the next period.

In linesIn lines