Chain of Production

Which of the following best describes the primary sector of the economy?

• • Retailing and banking

• • Manufacturing and construction

• • Agriculture and mining

• • Education and healthcare

The secondary sector is primarily concerned with:

• • Extracting natural resources

• • Providing services to consumers

• • Transforming raw materials into finished goods

• • Selling and marketing products

Which sector would a fisherman most likely belong to?

• • Primary

• • Secondary

• • Tertiary

• • Quaternary

A car manufacturing company is a part of which sector?

• • Primary

• • Secondary

• • Tertiary

• • Quaternary

Which of the following is NOT a characteristic of the tertiary sector?

• It involves services rather than goods

• It includes industries like banking and education

• It deals with raw material extraction

• It's the largest sector in many developed countries

Which sector would a software development company belong to?

• • Primary

• • Secondary

• • Tertiary

• • Quaternary

The chain of production refers to:

• • The hierarchy in a company

• • The process of turning raw materials into finished products and services

• • The distribution of products to retailers

• • The marketing strategies of a product

A farmer growing wheat for bread production is involved in which sector?

• • Primary

• • Secondary

• • Tertiary

• • Quaternary

Which of the following sequences correctly represents the chain of production from start to finish?

• • Tertiary -> Secondary -> Primary

• • Primary -> Tertiary -> Secondary

• • Primary -> Secondary -> Tertiary

• • Secondary -> Primary -> Tertiary

Which of the following is a primary sector activity?

• • Teaching

• • Mining

• • Banking

• • Furniture manufacturing