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The Many Different Industries Producing Goods and Services Are Divided
The Many Different Industries Producing Goods and Services Are Divided
broad groups. Primary (1) industries are described so because they carry(2) out the
first stage in the process of production(3). They produce raw materials(4), either by
extracting them from the mines(5) or by growing them. Examples include agriculture,
mining(6), quarrying, forestry and fishing(7).
Firms in tertiary(12) industries provide services of all kinds to firms in the primary
and secondary(13) sectors. They also to supply(14) services directly(15) to
consumers. In a modern society, the firms in the primary(16) and secondary sectors
would find it impossible to function without the services supplied by banks, insurance
companies, transport companies(17), communications (e.g. the catering(18) services
and telephone network), forestry(19) and retailers. Services supplied directly to
consumers as well as to firms include the education and health services, catering
staff(20), tourism and entertainment.
The proportions of the labor force employed in the different industries(21) of the
economy vary according to the level of economic development. In the developing
countries, a large percentage of the working population is employed in the
primary(22) sector.