links between the business sectors

What is the role of the primary sector?

Extracts raw materials from the earth and supplies them to the secondary or tertiary sectors

Give an example of the primary sector in action.

Fishing: fish are caught and sold to be processed or consumed

Can the primary sector supply goods directly to consumers?

Yes, products like fresh produce, fish, and meat can be sold directly through the tertiary sector

How does the primary sector depend on the tertiary sector?

It relies on goods and services like banking, transport, and equipment

What is the role of the secondary sector?

Transforms raw materials from the primary sector into finished or semi-finished goods

How is the secondary sector dependent on the primary sector?

It uses raw materials (e.g. fish) from the primary sector for processing

How is the secondary sector dependent on the tertiary sector?

It relies on services like transport, machinery, and finance

Give an example of the secondary sector in action.

Processing fish into tinned fish or fish fingers

What is the role of the tertiary sector?

Sells goods and services to consumers or to other businesses

How do the primary and secondary sectors rely on the tertiary sector?

They buy equipment, receive services, and use it to sell their products

Give an example of the tertiary sector supporting the primary sector.

Selling fishing rods and nets to fishers

Give an example of the tertiary sector supporting the secondary sector.

Providing transport, marketing, or financial services for processed goods

How are the three sectors connected?

They are interdependent and support each other through goods and services

What is a forward link in the supply chain?

When a business sells its products or services to other sectors or consumers

Give an example of a forward link.

A fisherman selling fish to a canning company (secondary sector) or supermarket (tertiary sector)

What is a backward link in the supply chain?

When a business buys goods or services from another business or sector

Give an example of a backward link.

A fisherman buying fishing gear from the tertiary sector or taking a loan to buy a boat

Can a business operate in more than one sector?

Yes, some businesses function in all three sectors

Give an example of a business involved in all three sectors.

Sea Harvest: fishes (primary), processes fish (secondary), sells to consumers (tertiary)

What is the supply chain?

The full set of processes that transform and distribute goods or services across all three sectors