Foreign Educator Teaching System

Tag: needs

  • Why business needs funds?

    Why a business needs funds To commence business activities To expand business To help survive a loss making business

  • Secondary Sector

    Secondary sector Secondary sector converts the primary goods into manufactured goods The secondary sector of the economy manufactures finished goods. Examples: Construction Textile production Processing

  • Primary Sector

    Primary sector Primary sector involves changing natural resources into primary products The primary sector of the economy extracts or harvests products from the earth Examples: Fishing, Mining Farming, Forestry