Industries in Business

Description

Primary, Secondary, Tertiary, Quaternary, Quinary
michellebasson
Flashcards by michellebasson, updated more than 1 year ago
michellebasson
Created by michellebasson over 10 years ago
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Resource summary

Question Answer
Primary Industry The use of natural resources to produce food and raw materials
Secondary Industry Involving taking the raw materials and making them into finished or semi-finished products (motor vehicles, breakfast cereal)
Tertiary Industry Provision of services (banking, health care, retailing)
Quaternary Industry Business activity involved in processing information
Quinary Industry Producing domestic services (childcare, hotels, nursing homes)
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