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Sectors of industry

Production could be classified into 3 sectors of industry. 3 stages involved in


turning raw material into finished products and services demanded by people.
These stages are: primary, secondary and tertiary sectors of industry.

Primary sector: is concerned with the extraction


of raw materials. It includes fishing, farming and
mining. These raw materials can be processed
by other companies.

Secondary sector: also known as


manufacturing sector takes raw materials and Primary sector: crops, harvest.
converts them into finished products. The
manufacturing sector is concerned with using
raw materials from the primary sectors (iron
and coke) and the production of finished
goods, like cars.

Tertiary sector: usually called service sector,


provide “intangible goods” to consumers and
other companies. Some examples are
Secondary sector: turning metal (raw
companies that offer services like: finance, material) into a car.
insurance, transportation, tourism, I.T
services , telecommunications.

Depending on the source of your readings or


authors you will find that some people might
refer to a “quaternary sector” (focused on IT)
but this distinction is not studied in this subject.

Tertiary sector: mobile communication


is an intangible good (service)

Class Activity 3

Business Primary Secondary Tertiary Description of main activities


Apple
Zara
Porsche
DHL
Dole
Walmart

1. Copy out this table. Use internet or other means of research to:
a. Identify these companies.
b. Identify the main sector of industry that they operate in.
c. Give details of their main activities.
2. Research four operating companies, and identify which sector of industry they
operate in and what their main activities are.

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