Sectors of the Economy

Front

coal miner

Back

primary

Front

worker in a factory

Back

secondary

Front

salesperson at a cell phone store

Back

tertiary

Front

stockbroker (looks at data and compiles information on stock trends)

Back

quaternary

Front

CEO of Ford Motor Company deciding to start working on a new Electrical Ford Truck

Back

quinary

Front

Regarding the Demographic Transition Model, Majority of Stage 4 and 5 country citizens would be involved in what two sectors?

Back

tertiary and quaternary

Front

A developing country's government is planning to boost its economy by investing in various sectors. Which investment option is focused on the primary sector? A) Building a new software development hub, B) Increasing the efficiency of wheat production through advanced agricultural techniques, C) Opening a new chain of luxury hotels, D) Establishing a car manufacturing plant

Back

Increasing the efficiency of wheat production through advanced agricultural techniques

Front

In an effort to diversify its economy, a country known for its vast oil reserves is looking to expand into different economic sectors. Which initiative would best represent expansion into the secondary sector? Options: Increasing oil drilling operations, Launching a national airline, Developing a refinery to process crude oil into gasoline and other products, Establishing an online platform for education.

Back

Developing a refinery to process crude oil into gasoline and other products

Front

A small island nation is renowned for its picturesque landscapes and cultural heritage. To leverage these assets for economic development, which initiative would most effectively target the tertiary sector?

Back

Establishing a network of boutique hotels to promote tourism

Front

high-level decision making

Back

quinary