Categories of industry
Categories of industry
Benefits of each sector
Secondary
Tertiary
Primary
Agriculture, Fishing, Forestry, Energy, Mining
Agri-food, Pharmaceuticals, Construction
Banking, Retail, Communication
Extracts raw materials from the earth
Transforms raw materials into finished goods
Services provided to businesses and consumers
Food
Exports
Government Revenue
Raw Materials
Employment
Factors of Production
Land
Labour
Capital
Enterprise
Natural resources used to provide goods, e.g. air, land
Human effort needed to provide goods and services
Items used to produce goods and services, e.g. machinery
Combines three other factors of production to create a business to provide goods and services
Rent
Wages
Interest
Profit
Economic Reward