Sectors of Industry

• Sectors of Industry - Primary Sector

  This involves extracting natural goods from the Earth.
• Sectors of Industry - Secondary Sector

  This involves the business manufacturing and assembling goods.
• Sectors of Industry - Tertiary Sector

  This is where they do not provide goods, but provide a service.
• Sectors of Industry - Quaternary Sector

  This is the support sector, it is knowledge based.
• Sectors of Industry - Primary sector examples: Farming, Fishing, Forestry, Quarrying, Oil and Gas, Mining.
• Sectors of Industry - Secondary sector examples: Making and assembling any product e.g. cars, furniture, food. Building and construction. Gas, water and electricity.
• Sectors of Industry - Tertiary sector examples: Transport and distribution, retailing, financial services e.g. insurance, banking. Health, education, police. Personal services e.g hairdressing. Arts and entertainment.
• Sectors of Industry - Quatenary sector examples: IT Consultants, Accountants, Media, Education, Research and Development.
• Reasons for the change in sectors: Decline in manufacturing, steel factories and shipbuilding. Global threats, increased competition from abroad. Tertiary sector has grown considerably. More disposable income for services, such as beauty.