Question

1. what are the three sectors of the economy? 4.1.2 study: economic systems and change copyright © 2024 apex learning inc. use of this material is subject to apex learnings terms of use. any unauthorized copying, reuse, or redistribution is prohibited. sector definition example primary secondary tertiary

Explanation:

The primary sector involves extracting natural resources (e.g., farming, mining). The secondary sector processes raw materials into finished goods (e.g., manufacturing cars). The tertiary sector provides services (e.g., banking, healthcare).

Answer:

Primary: Involves extraction of natural resources, e.g., fishing.
Secondary: Processes raw - materials into goods, e.g., steel production.
Tertiary: Provides services, e.g., teaching.