Primary, secondary, tertiary & quaternary sectors

IB Business Management: Primary, secondary, tertiary & quaternary sectors

This section of the IB Business Management syllabus looks at the nature of business activity in each sector of the economy and the impact of sectoral change on business activity (AO2).The primary sector refers to business activity involved with the extraction of natural resources. For example, metal ores and coal have to be mined, oil and natural gas have to be drilled from the ground, rubber needs to be extracted from...

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