role of business in society

Question 1

primary sector

Answer 1

The primary sector extracts raw materials or natural resources from the land

Question 2

secondary sector

Answer 2

The secondary sector manufactures goods, using raw materials and converts them into new products

Question 3

tertiary sector

Answer 3

The tertiary sector of industry is made up of services

Question 4

quaternary sector

Answer 4

The Quaternary sector consists of those industries providing information services, such as computing

Question 4

Private sector

Answer 4

Private sector organisations are owned and controlled by private individuals. Their primary aims are to survive and make a profit.

Question 5

Third sector

Answer 5

Third sector organisations are set up to help a cause or provide a service to members. They aim to raise money and increase awareness for good causes.

Question 5

Public sector

Answer 5

Public sector organisations are owned and controlled by the government. They aim to provide a service to the public and are funded by taxes.