CHAPTER 2
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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
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