asked 176k views
5 votes
What are the economic sectors please provide the definitions.

primary-
secondary-
tertiary-
quaternary-

1 Answer

7 votes
The primary sector is the area of an economy that is dedicated to the extraction of natural resources from nature.

The secondary sector takes raw materials from the primary sector and manufactures them into goods.

the tertiary sector is the sector which provides the goods and services to businesses and consumers.

The quaternary sector or quaternary industry is the economic activity based on the intellectual or knowledge-based economy.
answered
User Andrew Downes
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