business sectors

Question 1

what is the primary sector

Answer 1

these are businesses that are concerned with the extraction of raw materials i.e farmers,mining and fishing etc.

Question 2

what is the secondary sector?

Answer 2

this involves taking the raw materials from the primary sector and manufacturing it into a product or service i.e construction, car plant etc

Question 3

what is the tertiary sector?

Answer 3

also known as the service sector and includes retail (shops), education, police etc

Question 4

what is the public sector?

Answer 4

made up of organisations that are owned and controlled by the government on behalf of the public i.e NHS, schools/colleges, armed forces etc

Question 5

what is the private sector?

Answer 5

any business that operates within the private sector are owned by individuals or group of entrepreneurs or share holders