Sectors of Industry

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What is the primary stage?
The primary stage is where you gather the raw materials.
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What is the secondary stage?
The secondary stage is where you manufacture and assemble the product.
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What is the tertiary stage?
The tertiary stage is where you sell the product and advertise.
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What is a supplier?
The supplier is the person selling the product to the business.
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What is a customer?
The customers is the person who buys the product.
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What is a consumer?
The consumer is the individual who uses the product.
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How does a business add value?
This is when they sell the product for more than it was to buy all of the resources.
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What is interdependence?
This is when the business rely s on other stages to complete the sectors of industry.
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How many sectors of industry are there?
There are 3 different types of industry the primary, secondary and tertiary
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Why do we need the sectors of industry?
We need the sectors of industry to ensure the product is created correctly
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Other cards in this set

Card 2

Front

What is the secondary stage?

Back

The secondary stage is where you manufacture and assemble the product.

Card 3

Front

What is the tertiary stage?

Back

Preview of the front of card 3

Card 4

Front

What is a supplier?

Back

Preview of the front of card 4

Card 5

Front

What is a customer?

Back

Preview of the front of card 5
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