chapter 2 Flashcards

1
Q

Primary sector

A

1.Changing natural resources into primary products
2. Extracts or harvests products from the earth
Example : Fishing , Mining , Farming .

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2
Q

Secondary sector

A
  1. Convert primary goods into manufactured goods
  2. Manufacture finished goods
    Example : construction , Textile production , Processing
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3
Q

Tertiary sector

A
  1. Service industry
  2. make lives of ppl much easier by providing services
    Example : Banking ,hair cutting , teaching
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4
Q

3 sector in business activity

A
  1. Primary sector
  2. secondary sector
  3. Tertiary sector
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