Tag: secondary

  • Tertiary production

    Tertiary production Tertiary sector is the service industry which only provides services to its customers. Examples: Banking Haircutting Teaching

  • Secondary production

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

  • Primary production

    Primary production 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

  • 3 branches of production

    Branches of production Primary production Secondary production Tertiary production

  • Secondary research

    Secondary research Secondary research is a research conducted by using information of already published data Eg. Newspapers   Advantages and disadvantages of secondary research Advantages of secondary research Costs less money Disadvantages of secondary research Data might be outdated

  • Primary research

    Primary research Primary research is a data conducted first hand or personally The information is generated by personally without referring to previous sources, often referred to as fresh information Eg. Interviews   Advantages and disadvantages of Primary research Advantages of primary research New and updated information generated Very low chances of error Disadvantages of primary…

  • Tertiary Sector

    Tertiary sector Tertiary sector is the service industry. This sector makes the lives of people much easier by providing services Examples: Banking Hair cutting Teaching