17 Questions
What is the primary sector based on?
Natural resources
Which sector does not produce goods?
Tertiary sector
What is an example of a tertiary sector activity?
Transportation
What is the purpose of the tertiary sector?
To provide services
What is the main difference between the primary and secondary sectors?
The primary sector extracts natural resources, while the secondary sector manufactures goods
Why are storage facilities needed in the economy?
To store goods produced in the primary and secondary sectors
What is the primary purpose of the primary sector in the economy?
To produce primary goods or natural products by exploiting natural resources
What is an economic entity capable of doing?
Independently performing various economic activities
What is produced in the primary sector of the economy?
Primary goods or natural products
What is the role of nature in the primary sector?
It cooperates with humans in producing goods
What is the difference between the primary sector and the tertiary sector?
The primary sector produces goods while the tertiary sector provides services
What is the significance of the primary sector in the economy?
It forms the base for all other products that we produce
What is the primary function of the secondary sector?
To transform natural products into manufactured goods
What type of workers are typically engaged in secondary sector activities?
Blue collar workers
What is the term used to describe the goods produced in the secondary sector?
Manufactured goods
Where do the raw materials used in the secondary sector typically come from?
The primary sector
What is another name for the secondary sector?
Industrial sector
This quiz covers the three main sectors of an economy, including the primary sector, secondary sector, and tertiary sector, with examples of economic activities in each sector.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
