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THE INDUSTRY - Coggle Diagram
THE INDUSTRY
An Industry is an economic activity conducted by a guide people and organizations in producing goods and services for sale.
Economic activity is the activities in producing, distributing, or consuming products or services which involve money or the exchange of products or services.
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Econmic
4 Sectors of the economy
Primary Sector
- Includes agriculture, mining and other natural resource industries and extracts natural materials and provides raw materials for secondary industry.
Secondary Sector
- Covering manufacturing, engineering, and construction
- processes raw materials or semi-finished goods into more valuable products.
Tertiary Sector
- for the service industries,
- is the provision of services
Quaternary Sector
- for intellectual activities involving education and research
- related to application, manipulation and transmission of information
- Economic resources is the factors used in producing goods or providing services that can be divide into human, capital, land technology and natural resources.