ECONOMICS
TECHNOLOGY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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decision
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activity
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dollar
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Detailed explanation-1: -The 4 different sectors of the economy are primary sector, secondary sector, tertiary sector and quaternary sector.
Detailed explanation-2: -The main sectors of the economy are: Primary sector – extraction of raw materials – mining, fishing and agriculture. Secondary / manufacturing sector – concerned with producing finished goods, e.g. Construction sector, manufacturing and utilities, e.g. electricity.
Detailed explanation-3: -The 3 main sectors of the economy are primary, secondary and tertiary sectors. Manufacturing comes under the secondary sector, extraction of raw materials industries comes under the primary sector of the economy and the services industry comes in the tertiary sector of the economy.
Detailed explanation-4: -Stock and Investment Sectors Investment sectors are important because they help measure how well an economy is performing based on the financial performance of the corporations within that sector.