Three Sectors of Economy

Which sector is responsible for the processing of raw materials into finished goods?

• Primary

• Tertiary

• Secondary

• Quaternary

In which sector would you classify a software development company?

• Primary

• Secondary

• Tertiary

• None of the above

Which of the following is a characteristic of the tertiary sector?

• It involves the production of tangible goods.

• It includes activities like banking and education.

• It is focused on agriculture and mining.

• It is the least developed sector in most economies.

Which of the following best describes the quaternary sector?

• It focuses on agriculture and mining.

• It involves knowledge-based activities like research and development.

• It is primarily concerned with manufacturing.

• It includes retail and wholesale services.

Which sector of the economy is primarily involved in the extraction of natural resources?

• Tertiary

• Secondary

• Primary

• Quaternary

Which of the following activities is NOT part of the primary sector?

• Fishing

• Forestry

• Textile manufacturing

• Agriculture

The tertiary sector of the economy is primarily focused on which of the following?

• Production of goods

• Provision of services

• Extraction of resources

• Construction

What are the three main sectors of the economy?

• Primary, Secondary, Tertiary

• Agricultural, Industrial, Service

• Manufacturing, Retail, Agriculture

• Public, Private, Cooperative

Which of the following is an example of the secondary sector?

• Farming

• Mining

• Manufacturing

• Retail

Which sector is most likely to be affected by technological advancements?

• Primary

• Secondary

• Tertiary

• All of the above