Tertiary Sector
Is the sector that providing the service to consumers and businesses.
These are some sectors in the tertiary such as:
Tourism
Examples:
Transport & traveling around
Tour guides
Energy sector
Examples:
Gasoline
Oil
Renewable energy
Electricity
Telecommunication sector
Examples:
Phone
Skype
Facebook
Email
Transportation infrastructure (the basic physical structures needed for a city or country to work)
Examples:
Better road
Bridge
Airport
My reflection
12/17/14
Yesterday I learned about how Cambodian economy growth. The articles said that Cambodia is the country on the rise. I was so happy when I hear that even that Cambodia still the lowest economy in southeast Asia. Cambodia is in the middle of growing it means that Cambodia is going to grow and grow quickly over that past 20 years ago that was amazing. 7% growth in GDP each year that was a lot.
- Export was increased by 16.2% that the same as 6.99 billion dollars
- Garment export was increased by 17.3%
- Footwear export was increased by 21.3
- Milled rice export was increased 84% that the same as 379000 tons
- Tourism was increased by 17.3 is the same as garment
- Foreign investment in Cambodia was estimated at 1.22 billion in 2013
In 2013 Cambodia GDP was growth 7.6%. By the optimistic, we hope that in the future for 5 more years Cambodia will join the AEC which stand for ASEAN Economic Community which will open new trade market for Cambodia product. Other is Cambodia workforce will start from low wage for factory worker to have more service.
Cambodia have 53% of poverty population in 2004 but in 2013 the number was chang a lot into only 20% of poverty population. This morning I went to import and export expo on diamond Island. I met a lot of the people that went and show the product. The first product is sugar palm I was interested and my group go there. It from my province is Kompong thom. The lady tell me that the palm sugar is from Sun tok mountain in my province. She also said the poor people make it by them self and when they get money they take it and give it to the poverty people for help their family. Also they want to find the market to export to other country too but they don’t know. I went to another place is they make a fish like pro houk. They said before they find the fish but not clean very well but then they have a organization to help them how to protect their health to clean and was their hand properly. It call women fisheries. It come from Pursat at the Tonlesab lake and the women make the fish in to Pro houk or anything else. But we have the same problem again because they want to find a market to export their product.
ELC is stand for Economic land Concession. Cambodia have a lot of poverty like a half of the population. 2 things that cause that problem is :
- have no land
- Not have formal property right
In 2014 55% of rural families either have no land, or do not have enough land to grow a surplus of food. They are only growing enough food to help provide food for their families.
I think it has so many Economics land concession because the people don’t have the paper that they own that land but they live it a long time ago and the garment or other business came and take the land and build the factory. It causes a lot of problem to the people that live in that land example they have no land and also no house, no land to plant the vegetable lose their jobs. Nothing to provide the family, their children can’t go to school they help their family. If they have land they can grow the surplus and provide for the family and also they can sell it to the market and get money to provide anything that their family needed. Also , he children can go to school until university make their future bright and help country develop also their family too.