Learning objective
Define the primary, secondary and tertiary sectors.
Read the explanation, check the common trap, then practise with flashcards and questions.
At a glance
0
Flashcards
0
Questions
Topic
The purpose and nature of businesses
Subtopic
Factors of production and business sectors
Study support
Understand this objective
Quick explanation
Define the primary, secondary and tertiary sectors
- This point belongs to The purpose and nature of businesses, especially Factors of production and business sectors.
- You need to be able to define the primary, secondary and tertiary sectors.
- The key ideas to know are primary, secondary, and tertiary.
- Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.
Key concepts
Why it matters
This objective helps connect Factors of production and business sectors to exam-style questions, flashcards, and revision notes for The purpose and nature of businesses.
Quick student answer
Explain the main difference between the primary and secondary sectors.
Direct answer
The primary sector extracts raw materials from the earth, while the secondary sector transforms those raw materials into finished goods.
How it works
In the primary sector, activities like farming, fishing and mining provide raw inputs. The secondary sector takes those inputs and, through manufacturing or construction, adds value by producing finished products.
Key terms
- Secondary sector: The part of the economy that processes raw materials from the primary sector into finished goods, such as manufacturing, construction and processing.
Common trap
Confusing primary and secondary sectors: Farming is part of the primary sector because it extracts raw agricultural products; the secondary sector would involve turning those products into processed foods or textiles.
Related questions
Try this as a practice card
Question 1 of 1
Choose an answer, get feedback, then move sideways through the set.
Flashcard prompts
Flip through the key recall cards
Flashcard 1 of 2
Practise next
Revision tools
Choose how to practise
Flashcards0 linked cards
Practice Questions0 linked questions
Revision notestopic notes
Open the full topic revision notes when you are ready to review this objective in context.
Open revision notesRelated learning objectives
- Explain what a business is and why businesses may start, including producing goods, supplying services, distributing products, fulfilling opportunities and benefiting others.
Business purpose, goods and services
- Distinguish goods from services and needs from wants in business contexts.
Business purpose, goods and services
- Define opportunity cost and apply it to business choices.
Business purpose, goods and services
- Explain the four factors of production: land, labour, capital and enterprise.
Factors of production and business sectors
- Give business examples that operate in each sector.
Factors of production and business sectors