Chapter 2: Classification of business
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Last updated 6:16 AM on 7/20/22
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8 Terms
1
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Tertiary sector
________- transport, banking, retail, insurance, hotels and hairdressing.
2
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the reasons for the changing importance of business classification eg
in developed and developing countries
3
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Primary
woodcutter
4
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primary sector
farming, fishing, forestry and the extraction of raw materials (oil, copper, ore)
5
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secondary
Furniture maker
6
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secondary sector
baking
7
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Tertiary
retailer
8
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Tertiary sector
transport, banking, retail, insurance, hotels and hairdressing