industrial sectors and commerce Flashcards

1
Q

What is the chain of production?

A

the different stages of production needed to produce many products

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2
Q

define primary sector

A

production that involves extracting raw materials from the Earth
-mining and quarrying
-fishing
-agriculture
-forestry

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3
Q

define secondary sector

A

productions that involve converting raw materials into finished or semi-finished products

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4
Q

define tertiary sector

A

the production of services

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5
Q

relative importance of each sector within countries

A

developed countries will usually have the secondary or tertiary sector the largest sector
developing countries usually have primary sector as largest sector

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