Business Sectors Flashcards

BUSINESS

1
Q

What is the primary sector?

A

Businesses that extract raw materials from the earth

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

What is the secondary sector?

A

Businesses that manufacture or process raw materials into finished goods

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

What is the tertiary sector?

A

Businesses that provide services to consumers and other businesses

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

Describe the relationship between the primary and secondary sectors

A

The primary sector provides raw materials for the secondary sector to manufacture goods

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

Describe the relationship between the secondary and tertiary sectors

A

The secondary sector produces goods that are sold or used by the tertiary sector

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

Describe the relationship between the primary and tertiary sectors

A

The primary sector may sell their raw materials to the tertiary sector, or use the tertiary sector for transportation

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