TOPIC 9 - Sectors of the economy

Question 1

Explain what the PRIMARY sector does

Answer 1

RAW materials (natural resources are used)

Question 2

Name some types of businesses in the PRIMARY sector

Answer 2

Farming
Fishing
Forestry
Mining

Question 3

Explain what the SECONDARY sector means

Answer 3

ECONOMIC sector - people use raw material from the primary sector to make things people can use

Question 4

Name some types of businesses in the SECONDARY sector

Answer 4

Food & drink factories
Textile factories
Construction
Car factories
Building

Question 5

What is the FIRST layer of the economy?

Answer 5

Primary sector

Question 6

What is the SECOND layer of the economy?

Answer 6

Secondary sector

Question 7

What is the THIRD layer of the economy?

Answer 7

Tertiary sector

Question 8

Explain what the TERTIARY sector means

Answer 8

Economic sector where businesses offer SERVICES to the public

Question 9

Name a few TYPES of businesses in the TERTIARY sector

Answer 9

Schools - education services
Hospitals - healthcare services
Banks - money management services
Law firms - legal services
Restaurants - food/drink

Question 10

Tertiary sector also includes retail businesses. Name a few

Answer 10

Edgars, Ackermans, Jet, Clicks