sectors of the economy

Question 1

what is the primary sector

Answer 1

includes all industries that are involved in the extraction of natural resources or raw materials small in more developed countries larger in developing countries

Question 2

what is the secondary sector

Answer 2

includes all industries that are involved in the production of finished goods - heavy and light industries in transitional economies

Question 3

what is the tertiary sector

Answer 3

includes all industries that provide services to other businesses and consumers - focuses on human interactions - hard to replace with robots so large need for these

Question 4

what is the quaternary sector

Answer 4

includes all industries that are involved in the creation and distribution of knowledge - particularly important in highly developed economies

Question 5

what is the largest sector in the UK

Answer 5

the tertiary sector