Sectors of Industry Flashcards
Describe the Primary Sector
This consists of businesses that are involved in exploiting natural resources. Examples include farming, mining and oil drilling.
Describe the Secondary Sector
This consists of businesses that are involved in manufacturing and construction, by taking natural resources and turning them into goods that can be sold later.Examples include electronics manufacturer, car production and house building
Describe the Tertiary Sector
This consists of businesses and organisations that are involved in providing services rather than goods. Examples include retail outlets, banks, hotels and hospitals.
Quaternary
This consists of businesses providing information and knowledge-based services, such as ICT, Consultancy and R&D.
Identify the 4 sectors of industry
Primary Secondary Tertiary Quaternary