Classification Of Business

Question 1

Economy

Answer 1

The resources riches and wealth of a country, the bigger the economy. The better for the country production distribution trade consumption of good services of a country.

Question 2

Primary sector

Answer 2

Where businesses deal with rural resources over Earth, for example, gasoline gold farming fishing.

Question 3

Secondary sector

Answer 3

Where businesses take the raw materials and produce them to make effective goods and products. For example, the food industry and the electrical industry.

Question 4

Tertiary sector

Answer 4

Providing service to customers, for example, salespeople repair services, banking hairdressers.