business unit 2

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primary sector
of industry extracts and uses the natural resources of the earth to produce raw materials used by other businesses.
1 of 6
secondary sector
of industry manufactures goods using the raw materials provided by the primary sector.
2 of 6
tertiary sector
of industry provides services to consumers and the other sector of industry.
3 of 6
de-industrialisation
occurs when there is a decline in the importance of the secondary, manufacturing sector of industry in a country.
4 of 6
mixed economy
has both a private sector and a public (state) sector.
5 of 6
capital
is the money invested into a business by the owners.
6 of 6

Other cards in this set

Card 2

Front

of industry manufactures goods using the raw materials provided by the primary sector.

Back

secondary sector

Card 3

Front

of industry provides services to consumers and the other sector of industry.

Back

Preview of the back of card 3

Card 4

Front

occurs when there is a decline in the importance of the secondary, manufacturing sector of industry in a country.

Back

Preview of the back of card 4

Card 5

Front

has both a private sector and a public (state) sector.

Back

Preview of the back of card 5
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