Economic sectors axel, estelle, laura

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  • 1. Sectors of the Economy

2. Primary sector of the economy: Involves the retrieval and production of raw materials, such as corn, coal, wood and iron. (A coal miner and a fisherman would be workers in the primary sector.) 3. Secondary sector of the economy : Involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing. (A builder and a dressmaker would be workers in the secondary sector.) 4. Tertiary sector of the economy:Involves the supplying of services to consumers and businesses, cinema, theater, banking,etc. (A shopkeeper and an accountant would be workers in the tertiary sector.)