classification of businesses

• primary sector

  extracting raw materials from the earth
• secondary sector

  converting raw materials into finished or semi finished goods
• tertiary sector

  provision of a wide variety of services
• example of primary sector

  farming/agriculture

  mining

  fishing
• examples of secondary sector

  car manufacturing

  builders

  clothing maker
• examples of tertiary sector

  shops

  transport

  hair dressing
• chain of production

  primary:growing potatoes on farm

  secondary:potatoes processed into chips

  tertiary:chips sold in grocery store
• deindustrialisation


  the decline in the secondary sector in developed countries