What is an economy?

    Cards (7)

    • What is an economy?
      the range of human activities concerned with the production distribution and consumption of goods and services
    • What is the primary sector?
      The primary sector refers to the sector of the economy that involves the extraction and production of raw materials, such as agriculture, mining, and fishing.
    • What is the secondary sector?
      The secondary sector refers to the part of the economy that involves the processing and manufacturing of raw materials into finished goods.
    • What is the tertiary sector?
      The tertiary sector refers to the sector of the economy that provides services to individuals and businesses.
    • What is the quaternary sector?
      Knowledge-based sector that includes intellectual activities such as research, development, and information technology.
    • What are some jobs examples of the secondary sector?
      Manufacturing, construction, and utilities,factory work,
    • What are some job examples of tertiary sector?
      Banking, education, healthcare, tourism, retail, transportation,hairdresser,police,fireman,bin man.
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