economic development terminology Flashcards
1
Q
multinational company
A
a company that has facilities and other assets in at least one country other than its home country
2
Q
secondary industry
A
take raw materials produced by the primary sector and process them into manufactured goods and products e.g. food-processing, building houses
3
Q
tertiary
A
selling of services and skills, goods and products from primary and secondary industries e.g. health care, teaching
4
Q
quaternary
A
Industry is providing information services such as computing, ICT, consultancy
5
Q
primary
A
mining, agriculture, forestry that is concerned with obtaining or providing natural raw materials for conversion into products for the consumer
