Economics: Forms of Production

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6 Questions

What is the primary purpose of secondary production?

To transform raw materials into semi and final goods

Which of the following is an example of primary production?

Extracting crude oil from the land

What is the main characteristic of tertiary production?

It provides services for the satisfaction of given needs

Which of the following is not a characteristic of secondary production?

It provides services for the satisfaction of given needs

Which of the following is an example of secondary production?

Converting maize into flour

What is the correct order of production forms?

Primary, secondary, tertiary

Study Notes

Forms of Production

  • Production can be classified into three main forms: primary, secondary, and tertiary production.

Primary Production

  • Also known as Extractive Production.
  • Involves deriving outputs from natural endowments such as land or sea.
  • Examples: extraction of crude oil from the land or sea, farming activities, mining, etc.

Secondary Production

  • Also known as Manufacturing Production.
  • Involves transforming outputs from primary production or raw materials into semi and final goods.
  • Produces physical products only.
  • Examples: crude oil transformed into Petroleum, Diesel, Kerosene, and other Petrochemicals; maize converted to flour, etc.

Tertiary Production

  • Involves rendering services for the satisfaction of given needs.
  • Examples: services rendered by doctors, teachers, lawyers, and others.

This quiz covers the classification of production into three forms: primary, secondary, and tertiary production. Learn about the different types of production and their examples.

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