The Different Economic Sectors

• How many main sectors are there in the economy?

  Three
• What are the three main economic sectors?

  1. Primary Sector
  2. Secondary Sector
  3. Tertiary Sector
• What does the Primary Sector produce?

  Raw materials
• What are natural resources in the Primary Sector?

  Resources extracted, collected, or grown
• How can natural resources be extracted in the Primary Sector?

  From the ground
• What is an example of a natural resource collected in the Primary Sector?

  Trees in the forestry industry
• What is an example of a natural resource grown in the Primary Sector?

  Crops in agriculture
• What does the Secondary Sector do?

  Manufactures goods
• What is the role of the Secondary Sector in the supply chain?

  It turns raw materials into finished goods
• What does a paper manufacturer do in the Secondary Sector?

  Makes paper from wood
• What is the Tertiary Sector known for?

  Providing services
• What types of services can the Tertiary Sector provide?

  A wide variety of services
• What is an example of the Tertiary Sector?

  The healthcare industry
• How does Facebook operate within the Tertiary Sector?

  Provides social media and advertising services
• What are the key differences between the three economic sectors?

  • Primary Sector: Extracts raw materials
  • Secondary Sector: Manufactures goods
  • Tertiary Sector: Provides services