Sectors of Industry Flashcards

All 5 cards in this deck

What is the primary sector?

Businesses that extract or grow raw materials from natural resources, e.g. farming, fishing, mining.

What is the secondary sector?

Businesses that manufacture or construct products from raw materials, e.g. a car manufacturer.

What is the tertiary sector?

Businesses that provide services, e.g. retail, banking, hairdressing.

True or false? A bakery that makes and sells its own bread is in the primary sector.

False. Making bread from raw materials is secondary sector work (selling it is tertiary).

True or false? A business can operate in more than one sector of industry.

True. e.g. a farm that grows crops (primary), processes them into jam (secondary) and sells it in its own shop (tertiary).