Economic sectors Flashcards

types and examples

1
Q

What is the primary sector

A

An economic sector that revolves around the extraction of raw materials
example: mining, farming, fishing

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2
Q

What is the secondary sector

A

The sector that uses raw materials from the primary sector to process/manufacture products
examples: Chemical plants, Car factories, Textile factories,

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3
Q

What is the tertiary sector

A

The sector that offers trading and service business
Examples: Hospitals, banks, and transportation

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