The economy is divided into three sectors. Explain each of these sectors and discuss its contribution to the Maltese society.

...ring and services sector. A big problem in Malta is that there are few people working in this sector. Compared to the years before the amount of workers in this sector is decreasing. The Secondary Sector/ Manufacturing Sector: This sector basically is when the raw materials produced by the extractive sector are changed into finished products or parts of the finished products. Most of the output of the primary sector of the economy will enter the secondary sector. Most food will need some form of preparation, some are processed tinned frozen or packed. Other resources such as wood, metals, oils and stone are used to produce people’s wants like cars and household goods through the manufacturing process. Factories, machines and industrial equipment must also be manufactured from natural resources. Engineering, chemical industries, electrical and electronic industries, and more are all examples of secondary industries. Although the number is decreasing there is a good amount of people working in this sector. Most of the job losses were registered in: The Wearing apparel and clothes (-393 employees), The Radio, TV and Communication equipment (-269 employees) and in The Chemicals and chemical products (-251 employees The Tertiary Sector/ Services Sector: In this sector the goods from the secondary industry have to be transported, advertised and distributed through wholesale and retail outlets. Banking and financial services will be involved; insuring the finished product-raising the money to begin the productio...

Essay Information


Words: 480
Pages: 1.9
Rating: None

All Papers Are For Research And Reference Purposes Only. You must cite our web site as your source.