Chapter 4- Business Sectors

Question 1

Meaning of business sectors?

Answer 1

Sub divisions of economic activities

Question 2

What is the meaning of the primary sector?

Answer 2

Responsible for the extractions of raw materials from nature

Natural resources are coal fish gold

Examples of the primary sector Industry is mining fishing farming

Question 3

What is the meaning of the secondary sector?

Answer 3

The secondary sector is responsible for changing the raw materials into useful products

It includes manufacturing and construction

Examples of the secondary sector industries manufacturing clothes food

Question 4

What is the meaning of the tertiary sector?

Answer 4

This sector sells products to the public

Provide the services and finished product to customers

Examples of the tertiary sector are banking tourism stores