Economic sectorAn economic sector is a part of an economy that includes similar economic activities and industries. One classical breakdown of economic activity distinguishes three sectors: Primary: involves the retrieval and production of raw materials, such as corn, coal, wood or iron.
Industry (economics)In microeconomics, an industry is a branch of an economy that produces a closely related set of raw materials, goods, or services. For example, one might refer to the wood industry or to the insurance industry. When evaluating a single group or company, its dominant source of revenue is typically used by industry classifications to classify it within a specific industry.
ForestryForestry is the science and craft of creating, managing, planting, using, conserving and repairing forests and woodlands for associated resources for human and environmental benefits. Forestry is practiced in plantations and natural stands. The science of forestry has elements that belong to the biological, physical, social, political and managerial sciences.
MiningMining is the extraction of geological materials and minerals from Earth's surface. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly made artificially in a laboratory or factory. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay.
FishingFishing is the activity of trying to catch fish. Fish are often caught as wildlife from the natural environment (freshwater or marine), but may also be caught from stocked bodies of water such as ponds, canals, park wetlands and reservoirs. Fishing techniques include trawling, longlining, jigging, hand-gathering, spearing, netting, angling, shooting and trapping, as well as more destructive and often illegal techniques such as electrocution, blasting and poisoning.
EconomicsSocial science studying goods and servicesEuro coinsEconomics () is a social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyses what is viewed as the basic elements of economies, including individual agents and markets, their interactions, and the outcomes of those interactions.
LoggingLogging is the process of cutting, processing, and moving trees to a location for transport. It may include skidding, on-site processing, and loading of trees or logs onto trucks or skeleton cars. In forestry, the term logging is sometimes used narrowly to describe the logistics of moving wood from the stump to somewhere outside the forest, usually a sawmill or a lumber yard. In common usage, however, the term may cover a range of forestry or silviculture activities.
Developed countryCountry with a developed economy and infrastructureComparison of countries by their level of development (seven criteria: HDI, WESP, WB, DAC, IMF, Paris Club, UNIDO) 5+ criteria 4 criteria 3 criteria 2 criteria 1 criterionA developed country, or advanced country, is a country that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations.
Sub-Saharan AfricaRegions south of the SaharaPlaceSub-Saharan Africa is the areas and regions of the continent of Africa that lie south of the Sahara. These include Central Africa, East Africa, Southern Africa, and West Africa. Geopolitically, in addition to the African countries and territories that are situated fully in that specified region, the term may also include polities that only have part of their territory located in that region, per the definition of the United Nations (UN).
Developing countryNation with a relatively low living standardComparison of countries by their level of development (six criteria: HDI, WESP, WB, DAC, IMF, Paris Club) 4+ criteria 3 criteria 2 criteria 1 criterionWorld bank income groupsA developing country is a country with a less-developed industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon.
Corn BeltThe Corn Belt is a region of the Midwestern United States and part of the Southern United States that, since the 1850s, has dominated corn production in the United States. In North America, corn is the common word for maize. More generally, the concept of the Corn Belt connotes the area of the Midwest dominated by farming and agriculture, though it stretches down into the South as well reaching into Kentucky.
North AmericaNorth America is a continent in the Northern and Western hemispheres. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Caribbean Sea, and to the south and west by the Pacific Ocean. North America covers an area of around 24,709,000 square kilometers (9,540,000 square miles), representing approximately 16.5% of Earth's land area and 4.8% of its total surface area.
AgricultureCultivation of plants and animals to produce foods, fibers, fuels, and raw materialsModern agriculture: a center pivot irrigation system on a fieldAgriculture is the practice of cultivating the soil, planting, raising, and harvesting both food and non-food crops, as well as livestock production. Broader definitions also include forestry and aquaculture.*As an Amazon Associate I earn from qualifying purchases.