7 classification of businesses Flashcards
1
Q
primary sector (industry)
A
production inolving the extraction of raw materials from the earth
2
Q
secondary sector (industry)
A
production involving the conversion of raw materials into finished and semi-finished goods
3
Q
assembly plant
A
factory where parts are put together to make a finished product
4
Q
tertiary sector (industry)
A
production of services in the economy
5
Q
de-industralisation
A
decline in manufacturing
6
Q
A
