higher business Flashcards
name the 4 sectors of INDUSTRY
primary
secondary
tertiary
quaternary
give an example of a primary sector
farming
fishing
mining
give an example of secondary sector
car manufacturers
engineering
ship building
give an example of a tertiory sector
fire service
education
hairdressing
example of a quaternary sector
ict consultancy
research development
information service
what is a primary sector
business that are involved in growing/extracting natural resources
what is a secondary sector
businesses that are involved in manufacturing and construction by taking the raw materials and changing them into goods
what is a tertiory (service) sector
businesses that are involved in providing a service rather than goods
what is a quaternary sector
industries that provide information and knowledge based services
name the sectors of ECONOMY
private sector
public sector
third sector
what is the private sector
businesses that aim primarily to maxmise profit
what is the public sector
government owned organisations who aim to provide a service to the community
what is the third sector
organisations that have been set up to provide goods or services to benefit others
