Economic Activities by Men and Women

2.3 Economic Activities by Men and Women

Description

Quick Overview

This section explores the different economic activities carried out by men and women and categorizes them into three sectors.

Standard

The section discusses the classification of economic activities into primary, secondary, and tertiary sectors, highlighting the differences in remuneration and job security, especially for women. It emphasizes the importance of education and skill formation in improving opportunities and earnings.

Detailed

Economic Activities by Men and Women

This section elaborates on the various economic activities that individuals engage in, specifically distinguishing between those performed by men and women. The activities are classified into three main sectors: primary, secondary, and tertiary. The primary sector involves activities like agriculture and fishing; the secondary sector encompasses manufacturing; while the tertiary sector includes services like education and healthcare. These activities contribute to national income and are referred to as economic activities, which are further divided into market and non-market activities. Market activities are those performed for pay or profit, while non-market activities are for self-consumption.

The text emphasizes that education and skills significantly influence individual earnings, noting that women, generally being less educated and skilled, often earn less than men. Additionally, many women work in precarious conditions without job security and lack basic social protections. However, women with higher education and skills can earn on par with men, often finding careers in teaching and medicine. This section ultimately invites discussions regarding career choices among students.

Key Concepts

  • Economic Activities: Activities that involve the production of goods and services.

  • Sectors: The division of the economy into primary, secondary, and tertiary.

  • Market Activities: Economic tasks performed in exchange for remuneration.

  • Non-Market Activities: Tasks carried out for self-consumption without direct payment.

  • Gender Disparities: Differences and inequalities faced by women in the workforce.

Memory Aids

🎵 Rhymes Time

  • Primary for food, Secondary for goods, Tertiary's where services brood.

📖 Fascinating Stories

  • Once there was a farmer (primary) growing crops, a carpenter (secondary) making chairs, and a teacher (tertiary) sharing knowledge in a classroom.

🧠 Other Memory Gems

  • Remember M-N-P: Market Activities for Money, Non-market for Personal gain only.

🎯 Super Acronyms

Use **PST** to remember Primary, Secondary, Tertiary sectors.

Examples

  • Fishing and farming are examples of primary sector activities.

  • Manufacturing cars is a secondary sector activity.

  • Working as a nurse is an example of a tertiary sector activity.

Glossary of Terms

  • Term: Primary Sector

    Definition:

    The economic sector involving the extraction and harvesting of natural resources.

  • Term: Secondary Sector

    Definition:

    The economic sector that focuses on manufacturing and processing.

  • Term: Tertiary Sector

    Definition:

    The economic sector that provides services rather than goods.

  • Term: Market Activities

    Definition:

    Economic activities that involve remuneration, such as paid jobs.

  • Term: NonMarket Activities

    Definition:

    Economic activities performed for self-consumption without direct remuneration.

  • Term: Economic Activities

    Definition:

    Activities engaged in by individuals that contribute to production, trade, or services.

  • Term: Job Security

    Definition:

    The probability that an individual will keep their job for a long time without risk of becoming unemployed.

  • Term: Skill Formation

    Definition:

    The process through which individuals acquire skills necessary for employment.