Types of ownership Flashcards
1
Q
What is the primary industry involved in?
A
The primary industry is involved with directly using what nature has provided in order to produce goods.
2
Q
What is the secondary industry?
A
The secondary industry covers all manufacturing and construction businesses using raw materials from the primary sector to produce a very wide range of goods.
3
Q
What are non-profit making businesses?
A
A business or company who has little or no interest in making a profit, these include:
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4
Q
What are not for profit businesses?
A
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