CHAPTER 2

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IGCSE Business Studies

CIE

Last updated 1:42 PM on 2/26/26
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6 Terms

1
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What is a Primary sector?

Business activity that requires the extraction of natural resources

2
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What is a Secondary sector?

Businesses that turn raw materials into manufactured goods

3
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What is a Tertiary sector?

Involves providing services to other businesses and consumers

4
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What is a Private sector?

the part of the economy that is controlled by individuals and companies

5
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What is a Public sector?

The part of the economy that is controlled by the state or central government

6
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