Sectors Of Industry Flashcards
What are the four sectors of industry?
-primary sector
-secondary sector
-tertiary sector
-quaternary sector
What is the primary sector?
-businesses in the primary sector extract natural resources from the earth
-any business that grows goods or extracts materials from the land
What are examples businesses in the primary sector?
Farming
Fishing
Mining
What is the secondary sector?
-businesses in the secondary sector manufacture
-taking the raw materials from the primary sector and converting them into new products
What are examples of businesses in the secondary sector?
Food production
Car manufacturing
What is the tertiary sector?
-businesses in the tertiary sector provide a service
-services are activities that are provided by people or a business
What are examples of a business in the tertiary sector?
Hairdresser
Cinema
Banking
What is the quaternary sector?
-consists of those industries providing information services
What are examples of businesses in the quaternary sector?
Computing, ICT
Consultancy