Sectors of the Economy
Primary sector
Secondary sector
Tertiary sector or Service sector
Consist of activities related to obtaning natural resources to be manufactured or to be used in production in food
Livestock farming
Forestry
Fishing
Agriculture
Involves farming the land to produce raw materials, such as cereals, cotton and fruit
Involves raising animals for food and for raw materials, such as leather and wool.
Consists of harvesting the wood from trees in forests and plantations raw materials, such as resin, cork and rubber.
Involves catching or farming fish, molluscs and crustaceans
Involves manufacturing raw materials and producing capital goods
Mining
Industrial activities
Construction
Energy production
consists of removing rocks and minerals from the subsoil, obtaining raw materials
Manufacture raw materials into goods, such as cloth, tools, machinery, etc
Are the buildings (homes, factories, offices, etc.) and infrastructure (roads, ports, airports, etc.)
Consists of extracting energy from natural resources, and also involves activities related to the manufacture of energy.
This sector doesn't create or manufacture materials
Commerce
Transport and Communications
Tourism
Services
Banks and Financial services
Involves distributing and selling the products from the primary and secondary sectors
Relate to the movement of people and goods, and to communicating information
Relates to the temporary movement of people from one place to another
Include anything from essential services, such as healthcare and education, to activities such as advertising and legal services.
Provide services related to saving and moving money: current accounts, investment funds, etc.
In the book there is a timeline