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Explain the term secondary sector - Leaving Cert Business - Question A - 2016
Question A
Explain the term secondary sector. (i) The secondary sector includes the manufacturing and construction industries. The manufacturing industry takes raw materials f... show full transcript
Worked Solution & Example Answer:Explain the term secondary sector - Leaving Cert Business - Question A - 2016
Step 1
Explain the term secondary sector.
Answer
The secondary sector encompasses industries that engage in the manufacturing and construction processes. It transforms raw materials acquired from the primary sector into finished goods. Examples can include the production of furniture, electronics like computers, and food products such as cheese. This sector includes both indigenous companies and multinational corporations.
Step 2
Name one other sector of the economy.
Answer
Another sector of the economy is the Primary sector, which includes industries related to the extraction and harvesting of natural resources, or the Tertiary/Services sector, which encompasses a range of services provided to consumers and businesses.