3-Primary, secondary, tertiary and quaternary sectors Flashcards

1
Q

What are the four sectors

A

primary
secondary
tertiary
quaternary

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Define the primary sector

A

The part of the economy engaged in extraction, harvesting or production of raw materials
Example farming fishing forestry quarrying 

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Define the secondary sector

A

The part of the economy that is engaged in the production of finished goods
Example manufacturing sector of the economy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Define the tertiary sector

A

all the services using manufactured products
Example: banking, insurance, transportation, retail and wholesale and consultancy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Defined the quaternary sector

A

The quaternary sector consists of those industries providing information services, such as computing, ICT, consultancy and research, particularly in scientific fields

Example e-services media and web based services

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Which sector do businesses in the developed world engage in

A

The quaternary sector

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

what is the chain of production

A

all four sectors are linked together
The steps through different sectors that have to occur in order to turn raw materials into a consumer goods that is marketed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What sector is raw materials are extracted

A

Primary sector

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What sector is processed or manufactured goods or turned into materials

A

Secondary sector

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

what sector is the Goods shipped and sold to the customers

A

Tertiary sector

How well did you know this?
1
Not at all
2
3
4
5
Perfectly