Sectors of Production



A nation’s economy can be divided into various sectors basis of the stages of production; they are primary secondary Tertiary and quaternary

The primary sector of the economy extracts or harvests products [raw materials] from the earth.    The primary sector includes the production of raw material and basic foods. e.g. agriculture (both subsistence and commercial), mining, forestry, farming, grazing, hunting and gathering, fishing, and quarrying.

The secondary sector of the economy transforms the raw materials [manufactures] into finished goods. All of manufacturing, processing, and construction lies within the secondary sector. e.g.  Metal working and smelting, automobile production, textile production, chemical and engineering industries, aerospace manufacturing, energy utilities, engineering, breweries and bottlers, construction, and shipbuilding.

The tertiary sector of the economy is the service industry. It provides services to the general public and to businesses. e.g. retail and wholesale sales, transportation and distribution, entertainment (movies, television, radio, music, theatre, etc.), restaurants, clerical services, media, tourism, insurance, banking, healthcare, and law. 

The quaternary sector of the economy consists of intellectual activities. e.g culture, government, libraries, scientific research, education, and information technology.
The Quinary Sector is a branch of the quaternary sector, includes the highest levels of decision making in a society. e.g. top executives or officials in such fields as government, science, universities, non-profit, healthcare, culture, and the media. 
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