Tuesday 22 May 2012

Sectors and Services

The UK's Economy is the 7th largest in the world and 3rd largest in Europe, a well globalised country. London is on par with New York in terms of being a financially central city, and the largest industries include aerospace, pharmaceuticals, and oil and gas from the North Sea.

An industry sector is divided into sub sectors; primary, secondary, and tertiary. Primary deals with extraction and harvesting of natural resources. Secondary deals with processing, manufacturing and construction. Tertiary deals with knowledge and services.

There is also the public sector, that is publicly or state owned, such as the NHS, the private sector, which is privately operated usually for profit, and the third sector which is voluntary or charity / community owned businesses for none profit distribution.

Industries include creative, education, health and social work, financial and business, hotels and restaurant, public administration and defence, real estate and renting, tourism, transport, storage and communication, wholesale and retail trade.

The creative industries alone include advertising, architecture, arts and antique markets, crafts, design, designer fashion, film video and photography, software, games and electronic publishing, music and the visual and performing arts, publishing, television and radio.

Most independent games and creative producers are taken care of by government set up fundings with endorsements from the EU. Groups like Creative England help set up the sustainable growth of independent creative business, by developing recognised talent and increasing awareness through publicity via exhibitions and distribution.





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