INDUSTRY SECTORS Flashcards
What is the Primary Sector?
It is the sector in the economy where all raw materials are acquired.
Examples of Primary Sector
Growing Crops, Mining, Extracting, Fishing, Hunting
What is the Secondary Sector?
It is the sector in the Economy where all raw materials are processed and manufactured.
Examples of the Secondary Sector
Textile, Shipbuilding, Manufacturing, Chemical Engineering and Automobile Production.
What is the Tertiary Sector?
It is the service providing sector in the economy.
Examples of Teritary Sector
Sales woman, Leisure, Transport, Assistance and Education
What is the Quaternary Sector?
It is the sector in the economy which provides knoledge-based services, e-commerce and those involving IT.
Examples of Quaternary Sector
Research + Development, Business consulting services, Information communication technology and Scientific Research.
