Chapter 3 Flashcards
Working with or extraction of raw materials/natural resources
Primary
Making or converting raw materials into usable products through processing and manufacturing.
Secondary
Service industries or providing essential services and support to allow other levels of industry to function
Tertiary
Dramatic growth of this new sector. Working with creation and transfer of information (ICT, media sharing) including research and development. As well as knowledge based services like consultation.
Quaternary
control the industrial and government decision-making processes includes industry executives and management and bureaucrats and elected officials in government
Quinary
is a detailed classification of industries prevailing in the country according to the kind of productive activities undertaken by establishments.
Philippine Standard Industrial Classification (PSIC).
An agribusiness tends to be large scale operations and deals with farming, processing and manufacturing, packaging and distributing agricultural products.
Agribusiness
Swine raising is raising and breeding of domestic pigs as livestock.
Hog/pig raising
Raising of domesticated birds such as chickens, ducks, turkeys and geese to produce meat or eggs for food
Poultry farming
Raising of cattlefor milk, beef, and hides.
Cattle raising
Planting rice for rice production
Rice farming
Raising goats for milk and meat
Goat raising
Planting corn for consumption
Corn farming
Raising fish in a pen such as catfish, oyster, prawns, pangasius, bangus or tilapia is fun and exciting business, each species needs different environment to grow either fresh or salt water.
Fish pens
Planting veggies is an agribusiness specially learn how to plant off – season varieties.
Vegetable farming
The process of converting raw materials, components, or parts into finished goods that meet a customer’s expectations or specifications.
Manufacturing
bread making is easy and simple business that can be done at home
Commercial Bread Making
business that produce different soap products.
Soap Manufacturing business
Business that sell drinking water package in a plastic bottles or container.
Drinking Water Business
make or create furniture such as lockers, bookshelves, showcases, chairs, tables, etc
Furniture Making