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## 2.5 Classification of Business -> Economic Sectors ### 1. The Economic Sectors * **Primary Sector**: * The extraction of raw materials * E.g. farmers, worker * **Secondary Sector**: * The manufacturing process * E.g. Baker making bread * **Tertiary Sector**: *...

## 2.5 Classification of Business -> Economic Sectors ### 1. The Economic Sectors * **Primary Sector**: * The extraction of raw materials * E.g. farmers, worker * **Secondary Sector**: * The manufacturing process * E.g. Baker making bread * **Tertiary Sector**: * Product or service is retailed * E.g. Retailers, real estate. * **(CSA) sector** * Government, health water, education and other services * E.g. #### Primary Sector * What natural resources: * Agriculture * fisheries. * Why natural resources are important in context of economy? * Supports mining * Give opportunity to increase exportation E.g. allow services * E.g. (GDP, foreign currency terms) #### Preservation of Natural Resources: * Some of natural resources are non renewable therefore we must conserve them #### What can be added investments * Water and plant trees - not waste water * Renewable resources - Energy -> fund basic education * plant trees -> not waste water, requires mostly manual labour #### Types of the Secondary Sector * Preservation resources in secondary sector - adjust: or availability of job creation * Impacts environment air, water and noise pollution * Types of skills secondary sector requires - important source of job creation * formal training but doesn't require fund basic education * corporate machinery