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Questions and Answers
Which sector of the economy is made up of organizations owned and run by private individuals or groups?
Which sector of the economy is made up of organizations owned and run by private individuals or groups?
- Primary sector
- Secondary sector (correct)
- Quaternary sector
- Tertiary sector
What is the primary focus of the secondary sector of the economy?
What is the primary focus of the secondary sector of the economy?
- Operating in the public sector
- Providing commercial services
- Extracting raw materials
- Manufacturing and assembling goods (correct)
Which sector of the economy is responsible for extracting raw materials?
Which sector of the economy is responsible for extracting raw materials?
- Primary sector (correct)
- Tertiary sector
- Secondary sector
- Quaternary sector
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Study Notes
Sectors of the Economy
- The private sector is made up of organizations owned and run by private individuals or groups.
Secondary Sector
- The primary focus of the secondary sector is to transform raw materials into finished goods.
Primary Sector
- The primary sector is responsible for extracting raw materials.
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