Concerned directly with the extraction of natural resources of any kind (agriculture, mining, fishing, and forestry). These industries are frequently unionized and given stiff guidelines on how these items are to be extracted for humanitarian and ecological preservation – some more than others!
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This sector focuses on the processing, transforming, fabrication, or assembling of raw materials derived from primary activities (steel making, food processing, furniture making, automobile assembly, and garment manufacturing). Typically, this is about taking raw items and making them into usable items.
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Involves the selling and exchanging of goods and services that consumers need that they cannot provide themselves alone. Warehousing, retail stores, personal services like hairdressing, commercial services like accounting, advertising, and entertainment). Medicine, legal consultation, and education land here, too.
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These are the activities dealing with business services such as the handling and processing of knowledge and info (trade, insurance, banking, advertising, wholesaling). Often, it is referred to as the “knowledge” sector as businesses use these activities to provide upgraded goods/services.
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Realistically, this is an “offshoot” of the Quaternary sector, but at the highest level possible. Here, government maintains regulation services to protect both consumers and businesses. Research & Development also occurs here as businesses use their incomes to continue expansion of goods/services.
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