Foreign Educator Teaching System

Tag: sector

  • Planned economy

    Planned system Planned system is an economic system where resources are allocated by the, the state determines what is going to be produced. Example: USSR

  • 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

  • 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

  • 3 Sectors in Business activity

    3 sectors in Business activity Primary sector Secondary sector Tertiary sector