New economic classification model

Exploring the Integrated Components Model (Still in progress)

ECONOMIC IDEAS

Doğukan CANBAZLAR

1/16/20241 min read

The Economy's Building Blocks: A Sector Snapshot

Imagine a pyramid. Its base - the Primary Sector - extracts raw materials like crops, minerals, and fish.

Next, the Secondary Sector transforms these resources into tangible goods in factories and construction sites.

Finally, the Tertiary Sector - a bustling city of services - keeps everything running. Infrastructure heroes (electricity, water, transport) ensure comfort and connectivity. Professional services (trade, finance, healthcare) fuel commerce and well-being.

Above them stand specialized sectors: Government for security and welfare, and the Needs Sector for education, health, and leisure.

Each sector, like a cog in the machine, contributes to a thriving society. Understand them, and you understand the economy's symphony!

Classification diagram
Classification diagram

New version of the model

The new version is looking in different perspective. The new perspective still in development.