types of production

Question 1

what is production?

Answer 1

production is the creation of goods and services for customers

Question 2

primary production

Answer 2

the extraction of raw natural materials from land or sea
businesses such as fishing mining farming etc

Question 3

secondary production

Answer 3

conversion of raw materials to finished goods through MANUFACTURING

Question 4

tertiary production

Answer 4

provision of services to the industry and to consumers
businesses in tertiary would be banking teaching or retail etc

Question 5

changing trends: DEINDUSTRAILISATION (shift away)

Answer 5

trends move away from primary and secondary and towards tertiary.
primary declines because agriculture faces difficult times and natural resources decreases. secondary declines as goods are imported cheaper.

Question 6

changing trends:
shift towards tertiary

Answer 6

shift towards tertiary because demand for services increases more people begin spending money on leisure and entertainment letting more entrepreneurs enter the market to provide a service