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
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,
3
Q
What is the tertiary sector
A
The sector that offers trading and service business
Examples: Hospitals, banks, and transportation