MindMap Gallery TERTIARY SECTOR
The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work.
Edited at 2021-01-23 18:41:19The Primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, hunting, fishing, and mining
The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work.
Master 2 concept : Economic growth
The Primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, hunting, fishing, and mining
The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work.
Master 2 concept : Economic growth
TERTIARY SECTOR
Tourism Sector
MTPB
Increase tourism revenue
Develop domestic tourism
Make tourism a prime sector
Roles of tourism industry
Contribution to economic growth
Employment generation
Stimulation of infrastructure investment
Growth in other related activities
Contribution to local economies
Increased goverment tax revenue
Factor to develop tourism
Rich cultural & historical heritages
Rainforests, mountains, caves, nature reserves & wildlife
Shopping, leisure & business-related event
Beautiful islands & beaches
Wide variety of accommmodation options
Affordable airfares & modern airports
Tourism Malaysia Programs
Malaysia My Second Home (MM2H)
Student Tourism
Education Tourism
Agro-tourism
Fabulous Food 1Malaysia
Health Tourism
Go2Homestay
Disadvantages of tourism
Security threats & crimes
Complicated visa application process
Not tourism friendly
Environmental damage
Big foreign companies monopolize tourism
Social problems
Public Sector
Function
To make the market system work efficiently
To determine how much of the government's budget wil be allocated
To reduce the gap between the poor & the rich
To ensure there is steady economic growth
Public good providers
Fiscal policy
Expansionary fiscal policy
Increase real output, employment & income to solve recession
Contractionary fiscal policy
Decrease real output, employment & income to solve inflation
National badget
Budget deficit
Budget surplus
Balanced budget
National budget states the sources of government revenue & expenditure for the coming fiscal year
Government revenue
Direct taxes
Indirect taces
Non-taxes revenue & borrowing
Government expenditure
Operating expenditure
Emoluments
Staff pensions & gratuities
Grants & transfers to state government
Development expenditure
Refer to government expenditure that is related to projects which boost econmic growth
Purpose
To supply goods & services
To achieve supply side improvements in macroeconomy
To reduce the negative effects of externalities
To subsidies industries
To help redistribute income & achieve more equity
To inject extra spending into macroeconomy
Reducing the budget deficit
Enhance efficiency of revenue collection
Implement user-pays principle for public services
Review subsidy programs
Implement privatization programs
Improve efficiency of public delivery system
Postpone non-urgent mega development projects
Prepay & restruture national debt
Productivity of the public sevtor
1 Malaysia One Call Centre (1 MOCC)
Government Transformation Programs (GTP)
e-Government using information technology & operational innovation
Services quality
Government Online Services (GOS) Gateway
Urban Transformation Centres (UTCs)
Malaysia Productivity Blueprint