Unit 1 - Business Activity and Influences on Business (Classification of businesses))

Question 1

Primary sector

Answer 1

Production involving the extraction of raw materials from the earth.

Question 2

Secondary sector

Answer 2

Production involving the conversion of raw materials into finished and semi-finished goods. All of manufacturing, processing and construction lie within this sector.

Question 3

Tertiary sector

Answer 3

Production of services in the economy:
- Commercial services: freight delivery, debt collection, printing and employment agencies.
- Financial services: Banking, insurance, investment advice and pensions.
- Household services: plumbing, decorating, gardening and house maintenance.
- Leisure services: television, tourism, hotels and libraries.
- Professional services: accountancy, legal advice and medical care.
- Transport: train, taxi, bus and air services.