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Describe what is meant by the primary, secondary and tertiary classification of business activities. Give Examples of Each.

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  • Essay length: 1303 words
  • Submitted: 20/09/2011
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GCSE Business, Companies and Organisation, Activity

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P2- Assessment practice

(P) 1

A). Describe what is meant by the primary, secondary and tertiary classification of business activities:

Primary sector:

Definition:

The Primary Sector involves the extraction of raw materials, such as coal, wood and steel. A coal minor and a fisherman would be workers in the primary sector because a coal miner takes coal from the ground, and the fisherman would takes out the fishes from the sea.

Secondary sector:

Definition:

The Secondary Sector involves the transformation of raw materials into goods e.g. manufacturing steel into cars. A builder and a dressmaker would be workers in the secondary sector because they produce the goods to be sold by the tertiary sector.

Tertiary Sector:

Definition:

The Tertiary Sector involves the provision of services to consumers and business, such as cinema and banking. A shopkeeper and an accountant would be workers in their tertiary sector because they are either selling a good or a service.

B). In which classification would you place the coal industry:

The coal industry goes into the primary business because it is mined from the ground and it is natural

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