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2: Classification of businesses
Secondary sector
KEY TERM Secondary sector business activity takes the natural resources produced by
primary sector activity and turns these raw materials into finished goods. Th e
Secondary sector: firms that activities of the secondary sector include:
process and manufacture goods
from natural resources. ■ refining
■ manufacturing
■ construction.
Examples of secondary sector business activity include food canning, furniture
making, car manufacturing and house building.
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A car manufacturing plant
ACTIVITY 2.2
Make a list of the secondary sector business activities found in your country, including the products they make.
Tertiary sector
KEY TERM Tertiary sector business activity involves providing services to the fi nal consumers
or businesses. Examples of tertiary sector businesses include:
Tertiary sector: firms that
supply a service to consumers and ■ shops
other businesses.
■ restaurants
■ banks
■ cinemas
■ airlines.