18th November 2019

wikipedia
14

What are the primary and secondary industries?

Primary: involves the retrieval and production of raw materials, such as corn, coal, wood and iron. Secondary: involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing. (A builder and a dressmaker would be workers in the secondary sector.)

Consequently, what are some examples of primary sectors?

The primary sector includes the production of raw material and basic foods. Activities associated with the primary sector include agriculture (both subsistence and commercial), mining, forestry, farming, grazing, hunting and gathering, fishing, and quarrying.

What are the primary activities of business?

Business activities include any activity engaged in the primary purpose of making a profit. Business activities, including operating, investing and financing activities, are ongoing and focused on creating value for shareholders.
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