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Post Info TOPIC: 7 Fundamental Industries of Man


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Posts: 543
Date: Aug 19, 2012
RE: 7 Fundamental Industries of Man
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Most doctors, teachers, lawyer, plumbers do not create "other jobs" any differently than any other position in the economy. A drug dealer probably creates more jobs than a doctor or lawyer because the drug dealer serves as a retail distributor with a supply chain behind him or her.

I think there is a difference between "affecting" jobs and "creating" jobs.

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Guru

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Posts: 2549
Date: Aug 17, 2012
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In no particular order, as said to me by an electronics/english instructor: These basic industries are crucial for they create other jobs.  

I have a lot of fun listening to the initiatatives that our leaders introduce and champion. Bill Clinton, in the 90's, was in the sweet spot for us Boomers, where we had to heavily use all forms of Industry. Now that our Boomer kids are now into their 20's, and we are approaching retirement, we can see what Industry will be used more heavily and some to lesser amounts. Something to think about in the next 6 months. 

1. Financial: Intermediation (banking), Risk management (investing & insurance) and Investment (stock, property)

2. Extraction: Mining

3. Knowledge Based: Doctors, Teachers, Lawyers, Plumbers, skilled labor

4. Time based: Most labor jobs, manufacturing, service industry, 

5. Advertising and marketing

6: Govenment (sad but true)

7. Human Needs: Food and Clothing and Shelter: Food, clothing, shelter

All jobs are a combination of the above.

A broader definition and subcategories by The US Treasury: http://www.occ.treas.gov/news-issuances/news-releases/2008/nr-ia-2008-120a.pdf

1.Commodities

2.Distribution

3.Financial

5. Government

6. Manufacturing

7. Durable Manufacturing (except auto)

8. Food and Beverage Manufacturing

9. Real Estate

10. Services

11 Healthcare and Pharma

12 Media and Telecomm

13 Professional Services

14 Restuarant and Hotel

15 Transportation

evileyeevileyeevileyeevileye



-- Edited by longprime on Friday 17th of August 2012 07:51:36 PM

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