What are the classifications of industry?
Understand the Problem
The question is asking about the classification of industry into different sectors, including primary, secondary, tertiary, quaternary, and quinary. It outlines the key characteristics and examples of each sector.
Answer
Primary, secondary, tertiary, quaternary, quinary.
The primary sector involves raw materials, secondary covers manufacturing, tertiary includes services, quaternary deals with information and research, and quinary focuses on high-level decision-making.
Answer for screen readers
The primary sector involves raw materials, secondary covers manufacturing, tertiary includes services, quaternary deals with information and research, and quinary focuses on high-level decision-making.
More Information
Industries are categorized to better understand economic activity. Primary deals with raw materials, secondary with manufacturing, tertiary with services, quaternary with knowledge and information, and quinary with high-level functions.
Tips
Ensure you distinguish clearly between the different sector responsibilities and avoid confusion with overlapping functions.
Sources
- Industry Classification - Wikipedia - en.wikipedia.org
- Types of Industry | Saving Earth | Encyclopedia Britannica - britannica.com
