Production

Question 1

What is primary production

Answer 1

Primary production: this involves acquiring raw materials. For example, metals and coal have to be mined, oil drilled from the ground, rubber tapped from trees, foodstuffs (meat, fruit, vegetables, grain etc) farmed and fish trawled

Question 2

What is secondary production

Answer 2

Secondary production: this is the manufacturing and assembly process. It involves converting raw materials into components, for example, making steel from iron ore.

Question 3

What is tertiary production and what are its features

Answer 3

Tertiary Sector: This sector provides services rather than goods. Chefs, as well as restaurants in general, are part of this sector. While they might be preparing and selling food, they’re providing the service of cooking and presentation, as well as the experience of dining. Other examples of the tertiary sector include banking, retail, transportation, education, health services, and many more.

So, chefs, by offering a service (preparing and serving meals), fall under the tertiary sector of the economy.

Question 4

What are the productions

Answer 4

There are three main types of industry in which firms/producers operate. These sectors form a chain of production which provides customers with finished goods or services

Question 5

What are the chains of production

Answer 5

The chain of production shows interdependence: firms rely on other businesses in different sectors for raw materials, components or distribution.

Ex. Petrol

Primary Production mines oil

Secondary Production converts raw oil into petrol

Tertiary Production stores petrol, advertises petrol and transports petrol, helping the other production lines and providing a service not product.