higher business Flashcards

1
Q

name the 4 sectors of INDUSTRY

A

primary
secondary
tertiary
quaternary

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2
Q

give an example of a primary sector

A

farming
fishing
mining

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3
Q

give an example of secondary sector

A

car manufacturers
engineering
ship building

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4
Q

give an example of a tertiory sector

A

fire service
education
hairdressing

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5
Q

example of a quaternary sector

A

ict consultancy
research development
information service

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6
Q

what is a primary sector

A

business that are involved in growing/extracting natural resources

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7
Q

what is a secondary sector

A

businesses that are involved in manufacturing and construction by taking the raw materials and changing them into goods

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8
Q

what is a tertiory (service) sector

A

businesses that are involved in providing a service rather than goods

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9
Q

what is a quaternary sector

A

industries that provide information and knowledge based services

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10
Q

name the sectors of ECONOMY

A

private sector
public sector
third sector

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11
Q

what is the private sector

A

businesses that aim primarily to maxmise profit

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12
Q

what is the public sector

A

government owned organisations who aim to provide a service to the community

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13
Q

what is the third sector

A

organisations that have been set up to provide goods or services to benefit others

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