Sectors of the Economy

Transcript: celestial spheres of the Economy A nations prudence croup be divided up into various vault of sphere of influence to define the proportion of the population engaged in the bodily function domain. There are five domains which define a nations economy and these are: Primary, indirect, Tertiary, Quaternary and Quinary. Primary scotch sphere of influence: kitchen-gardening The primary heavens of the economy extracts or harvests products from the earth. The primary arena includes the production of huffy material and basic foods. Activities associated with the primary sector include agriculture (both subsistence and commercial), mining, forestry, farming, grazing, hunting and gathering, fishing, and quarrying. The packaging and processing of the rude(prenominal) material associated with this sector is also considered to be part of this sector. vicarious Economic Sector: Manufacturing The secondary sector of the economy manufactures established goods. All of manufacturing, processing, and construction lies within the secondary sector. Activities associated with the secondary sector include metal working and smelting, automobile production, textile production, chemical and engineering industries, aerospace manufacturing, energy utilities, engineering, breweries and bottlers, construction, and shipbuilding.

Tertiary Economic Sector: process Industry The tertiary sector of the economy is the service industry. This sector provides work to the general population and to businesses. Activities associated with this sector include retail and in large quantities sales, transportation and distribution, entertainment (movies, television, rad io, music, theater, etc.), restaurants, cler! ical services, media, tourism, insurance, banking, health care, and law. Quaternary Economic Sector: Intellectual Activities The quaternary sector of the economy consists of capable activities. Activities associated with this sector include government, culture, libraries, scientific research, education, and culture technology. Quinary Economic Sector:...If you want to get a near essay, order it on our website: OrderEssay.net

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