Overview of Tertiary Sector and Tourism
Tertiary Sector
The commercial that support the production and distribution process.
Tourism
Temporary movement of people from their place of residence to another place for leisure purposes.
Transport
Activity that moves people and merchandise between 2 or more places.
Trade
Sale and purchase of merchandise and services between producers and consumers in exchange for payment.
Balance of Trade
Difference in value between a country’s imports and exports.
Balance of Payments
Difference in total value between payments into and out of a country over a period of time.
Examples of Public Services
Renfe, subway, airports…
Examples of Private
Taxis, Uber…
Education
Examples of low-skilled: those offered by street traders. Examples of skilled: education. Examples of highly-skilled: scientific research.
Types of Tourism
Waterside, mountain, rural, cultural, business, religious…
World’s Tourist Regions
Europe and the USA. Europe focuses on the Mediterranean coast. USA focuses on California and Florida coasts.
International Tourist Destinations
Eastern European countries, others for climate and beaches. Less developed countries attract less international tourism.
Domestic Trade
Trade within a country’s borders. Wholesale and retail traders.