Sectors of Industry Flashcards
1
Q
What are the three main factors of production
A
Primary
Secondary
Tertiary
2
Q
What is primary
A
All business organisations involved in extracting natural resources
3
Q
Example of primary
A
Farming
Mining
Fishing
4
Q
What is secondary
A
Any business organisations that manufacture
5
Q
Example of secondary
A
Nike
6
Q
What is tertiary
A
Any business organisations that provides a service.
7
Q
Example of tertiary
A
Hairdresser
Bank
