Industry Flashcards
1
Q
What is primary industry?
A
industry, such as mining, agriculture, or forestry, that is concerned with obtaining or providing natural raw materials for conversion into commodities and products for the consumer.
2
Q
What is secondary industry?
A
industry that converts the raw materials provided by primary industry into commodities and products for the consumer; manufacturing industry.
3
Q
What is tertiary industry?
A
the part of a country’s economy concerned with the provision of services.
4
Q
What is Quaternary industry?
A
The Quaternary sector is a way to describe a knowledge-based part of the economy a information technology, media, research and development.
