Economies, given the current state of technology, are capable of having a total of five Economic Sectors. Those are the “Natural,” “Industrial,” “Services,” “Information,” and “Administrative” Sectors. All four are compatible with the Work-Standard and where they differ is their overall contributions of Arbeit to the Life-Energy Reserve.
- The Natural Sector refers to the cultivation and harvesting of both renewable and non-renewable natural resources and their subsequent refinement into raw materials. It is sometimes known as the ‘Primary Sector’ because of how the other three Economic Sector rely on its raw materials. Common examples of the Natural Sector are Agriculture, Forestry, Aquatic, and Geological.
- The Industrial Sector or the ‘Secondary Sector’ is where raw materials are used to facilitate the production of manufactured goods. Construction, Light and Heavy Industries, Chemicals, Engineering, and Basic Essentials like water purification, waste treatment, and electricity, Electronics, Unfinished and Finished Goods are all examples of the Secondary Sector.
- The Services Sector is the ‘Tertiary Sector’. Collaborating with the Primary and Secondary Sectors, the Tertiary Sector enables raw materials and all kinds of goods to be transported, distributed, bought and sold. Sales, Transportation, Storage, Hospitality, Finance, Professional, Healthcare, Entertainment, Maintenance and Repair, Legal, Personal and Travel Services fall under the purview of the Tertiary Sector.
- The Information Sector is a recent phenomenon that emerged from developments in information and digital technologies. As the Quaternary Sector, Information pertains to how any economy interacts with the technologies connected to the Internet and the media that can be created there. Research and Development, Mass Media and Publishing, and Educational are key examples. Anyone who blogs on WordPress to earn revenue is the most obvious example.
- The Administrative Sector overlaps with the Information Sector as the Quinary Sector. They pertain to the creation and operation of technologies associated with Information and its existence in the digital realm. Governmental bureaucracies, scientific research personnel, business executives, and consultation firms rely on Information as part of their decision-making process, which allows them to overlap with the affairs of the Quaternary Sector.
In all five Economic Sectors, the workforce will be carrying out their activities with their “Life-Energy” to create Arbeit in a state of Total Mobilization. Life-Energy is defined by the Work-Standard as the naturally-occurring power that flows from the people in their everyday economic and financial activities. These activities are what enable the process of turning Life-Energy into Arbeit in the form of raw materials, goods, services, and information. That Arbeit is able to be contributed to the Life-Energy Reserve of the Central Bank.
The precise amount of Life-Energy that can be turned into Arbeit depends on whether it is able to pass from Natural and Industrial Sectors to the Services and Information Sectors across a long period of Zeit. The more Life-Energy is invested from a variety of professions and enterprises across different Economic Sectors, the more Arbeit is contributed to the Life-Energy Reserve.
Under the Work-Standard, the Vocational Civil Service (VCS) model of Planned and Command Economies is able to generate Arbeit from the entire workforce. Everyone who is employed in a Vocation under the VCS model is capable of performing the process of turning Life-Energy into Arbeit. Vocations that rely on other Vocations and can sustain its efforts across a longer interval of Zeit within the work-week will contribute more Arbeit. For instance, a State-Owned Enterprise that simply sells goods and services contributes less Arbeit than if that same SOE was collaborating with other SOEs as part of a larger economic organization such as a Concern. This phenomenon is known as “Economic Socialization.” In essence, entire Vocations, professions, industries, enterprises, and organizations are more likely to yield greater returns of Arbeit by working together than they would if they simply worked alone.
The effects of Economic Socialization considered as a common Force Multiplier that stems from the VCS model relying on Council Democracy rather than Parliamentary Democracy. Since everyone has both political and economic participation in the affairs of the State, Economic Socialization is capable of achieving greater WP regardless of the WI among various Vocations. Greater coordination and collaboration are able to contribute more Arbeit to the Life-Energy Reserve of the Central Bank while also minimizing the effects of the Attrition Rate.