Flashcards : Understanding Economic Sectors and Innovation — 9 cartes

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1Question

Economic sectors — classification?

Réponse

Primary, secondary, tertiary, quaternary.

2Question

Primary sector — definition?

Réponse

Provides natural resources for the economy.

3Question

Primary sector resources — examples?

Réponse

Natural resources like minerals, crops, fish, and timber.

4Question

Secondary sector — role?

Réponse

Transforms raw materials into manufactured goods.

5Question

Tertiary sector — function?

Réponse

Provides services to individuals and businesses.

6Question

Quaternary sector — focus?

Réponse

Innovation, knowledge, and future technologies.

7Question

Natural resources — examples?

Réponse

Oil, minerals, forests, water, agricultural produce.

8Question

Activities in primary sector?

Réponse

Agriculture, fishing, forestry, mining.

9Question

Difference: Secondary vs Tertiary?

Réponse

Manufacturing vs services; tangible goods vs intangible services.

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1. What is the primary function of the secondary sector in the economic classification?

2. What does secondary sector transformation refer to?

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