Primary, Secondary, and Tertiary Sectors (Grade 10 NSC Matric Business Studies): Flashcards
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No. of main business sectors in SA
No. of main business sectors in SA
Three
Primary sector: what they do
Primary sector: what they do
Extracts/collects raw materials from nature
Examples of primary sector businesses
Examples of primary sector businesses
Agriculture, mining, fishing, forestry
Mining % of SA's GDP (Sept 2020)
Mining % of SA's GDP (Sept 2020)
14.4%
Secondary sector: what they do
Secondary sector: what they do
Transforms raw materials into finished products
Secondary sector also called
Secondary sector also called
Manufacturing sector
Tertiary sector: what they do
Tertiary sector: what they do
Provides services to businesses and consumers
Tertiary sector also known as
Tertiary sector also known as
Service industry
How 3 sectors work together
How 3 sectors work together
Form an economic chain of production
Example: primary depends on secondary
Example: primary depends on secondary
Mining companies need equipment from manufacturers