SOCA01H3 Chapter Notes - Chapter 13: Deskilling, Silicon Valley, Industrial Revolution
Document Summary
Economy: refers to the social institution that organizes the production, distribution, and exchange of goods and services. Primary - includes raw natural resources (farming, fishing, logging) Secondary - relates to manufactured goods (raw materials turned into finished goods) Tertiary - service based (service are bought/sold - nurse, lawyer etc. ) Each are called the agricultural, manufacturing and service sectors. Brief history of labour - productivity - amount of goods or services produced for every hour worked. Agricultural revolution - ten thousand years ago. Lived in nomadic tribes - people in fertile valleys herd cattles, grew plants using simple tools. Use of tools to herd cattle and grow plants - as well as domestication of animals to do those things (ox pulling plows) Industrial revolution - 15th century on - international exploration, trade, commerce. Made manufacturing the dominant economic sector, based on production of finished goods and trade in markets. Markets - social relations that regulate the exchange of goods and services.
