Friday 21 October 2016

The Creative Industries

What is an industry sector?

  • Goods-producing segment of an economy
  • An area of the economy in which businesses share the same or a related product or service
  • An industry or market sharing common characteristics
  • Standard economic modules identify 4 industrial sectors
* Primary Sector - The primary sector of the economy extracts or harvests products from the earth. 

* Secondary Sector - The secondary sector of the economy manufactures finished goods.

* Tertiary Sector - The tertiary sector the economy is the service industry.

* Quaternary Sector - The quaternary sector of the economy consists of intellectual activities.

3 Main types of companies working in the creative industries:
  • Design studios/consultancies/agencies
  • In-house creative teams
  • Freelance practitioners
"Charity" - If they're not paying me, why not? Are they paying for other things?

"Good exposure" X

"Future work" - "We'll give you future work if you're willing to work for free"

Low pay - Overheads - Hours