Primary, Secondary, Tertiary, Quaternary Sector

Author: Laura McKinney
Date Of Creation: 7 August 2021
Update Date: 11 May 2024
Anonim
5 Economic Sectors - Primary, Secondary, Tertiary, Quaternary, & Quinary
Video: 5 Economic Sectors - Primary, Secondary, Tertiary, Quaternary, & Quinary

Content

The primary sector, the secondary sector Y the tertiary sector are the different sectors into which the economic activity of a country or region is divided. Some economists claim that there is also the quaternary sector and the quinary sector.

The economic sectors differ from each other by the resources they use and the processes they involve. They include activities that range from obtaining raw materials and industrialization, to the production of goods and services.

Primary sector

The primary sector marks the beginning of the production chain. It is made up of all those activities that are responsible for the extraction of raw materials from nature. For example: agriculture, mining, fishing.

In countries and regions where the primary sector is more technologically advanced, higher output is produced in less time and less labor is used.


Secondary sector

The secondary sector includes those artisan and industrial activities that use the resources obtained by the primary sector to make new products. For example: food processing, auto industry.

It is a very important sector for the economic development of the countries, since the industries in this sector take raw materials and combine them to produce a product with greater added value.

Generally the secondary sector is divided between the production of consumer goods and capital goods (those that are used to produce other goods or services, such as machinery).

It can serve you:

  • Light industry
  • Heavy industry

Third sector

The tertiary sector, also called the service sector, deals with intangible objects (goods and services) destined to satisfy the needs of the other sectors of production and consumers. For example: television services, commerce, transport.


Quaternary and quinary sector

The quaternary sector encompasses the intellectual aspect of the economy, the component that is based on human capital that adds value to society. For example: research, technology, education.

There is also the so-called quinary sector that includes the highest rank of decision-making in an economy or society. For example: government laws, government officials.

Examples of primary sector

Cattle raisingBeekeepingFishing
AquacultureHuntingForestry
farmingMiningPisciculture

Examples of secondary sector

Automotive industryBuildingTobacco companies
Textile industryFoodsBrewers
Clay craftsPharmaceutical industry Home appliances
electronicsToys Hydrocarbon distillation

Examples of tertiary sector

Water servicesTelephone services Hotels and tourist services
Restaurants and cafesTelevision servicesHealth
Banking servicesTransportInsurers
Real estateSecurity servicesEntertainments

Quaternary sector examples

MediaConsultancyTechnology
EducationScientific investigation Investigation and development
Financial planningGeneration of informationDesign
  • Follow with: Industrial companies



Look

Main Water Pollutants
Conditional Links
Rhyme