Sectors of industry

Industry is the sector of the economy concerned with the production of good and services. Industry has 4 sectors:

PRIMARY: The primary sector of industry is also called extraction. It generally involes changing natural resources into primary products. Major businesses in this sector include agriculture, fishing, foresty and all mining and guarying industries. 

 

 

SECOND: The secondary sector (manufcturina) produces finished usable products. This sector of industry generally takes the out put of the primary sector and manufactures finished goods of where they are surtable for use by other bussineses, for export, or sale to domestic. 

*Aerospace manufacturing.

*Electronics.

*Energy industries.

*Tobacco industry.

 

TERTARY: It involves the provision of servicies to businesses as well as final consumers. Servicies may involve the transport ditribution and sale of goods from producer to a consumer, or may involve the provision of a servicie, such a in control or entertament.

*News media.

*Consulting.

*Restaurants.

*Education.

*Lessure industry.

 

 

Goods may be transformed in the process of providing a service, as happens in the restaurant industry or in equipment repair.

 

QUATERNARY: Industrial research looks for new ways to cut costs, find new markets, produce new ideas, new production methods and methods of manufacture.

 

-The 4 sectors of industry are interrelated. An individual industry will often use more than one sector in order te produce products.

 

 

COTTON IN THE FASHION INDUSTRY

 

PRIMARY: Cotton is grown and picked on a cotton farm.

SECONDARY: Cotton is processed to cloth, which, is a high street shops.

TERTIARY: Cotton clothes (eg jeans, shirts, etc) are sold in high street shops.

QUATERNARY: Research is carried out in to new ways of proccesing or growing cotton.

-The entire fashion industry involves a great number of different products and servicies.