Business Sectors (Grade 12 NSC Matric Business Studies): Quizzes

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Business Sectors
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What is the main purpose of business sectors?

To group businesses by what they do

Why is the primary sector called the 'gatherer' of the economy?

It takes resources directly from nature

Which activity belongs to the primary sector?

Mining iron ore

What does the secondary sector do with raw materials?

Transforms them into useful products

Which is an example of a secondary sector activity?

Automobile manufacturing

What makes tertiary sector services unique compared to products?

They are intangible and cannot be stored

Which activity is part of the tertiary sector?

Banks providing loans

What does interdependence mean for business sectors?

They rely on each other to be successful

In the bread production chain, what does the secondary sector do?

Mills process wheat into flour & bake bread

Why is the primary sector called the foundation of all economic activity?

Other sectors need its raw materials

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