Wednesday, January 12, 2011

Levels of the Economy in BC

Primary: Copper Mountain Mining Corporation ("CMMC")
Own 75% of a copper mining project that is located 15km south of the town of Princeton, in southern BC. This compant produces 105 million pounds of copper per year. CMMC is part of the primary economy because it extracts the raw resources that are used to produce goods.

Secondary: Chevron Burnaby Refinery
It is located on the scenic shores of spectacular Burrard Inlet near Vancouver. Raw products arrive at the refinery, and with using modern refinery technology, are transformed into 50,000 to 55,000 barrels of motor gasolines, diesel and jet fuels, asphalts, heating fuels, heavy fuel oils, butanes and propane every day. This refinery is part of the secondary economy because it modifies the raw materials for more diverse purposes.

Tertiary/ Quaternary: Peoples Jewellers
Located in Metropolis at Metrotown (4800 Kingsway 282) in Burnaby. They produce their own designs of jewellery, using refined metals. They are considered a tertiary sector because they provide a complicated end product and service.

No comments:

Post a Comment