Topic Details (Notes format)

Sectors of Economy (Primary, Secondary, Tertiary, Quaternary, Quinary)

Subject: Economy

Description

The economy is divided into five sectors: the primary sector involves natural resource extraction (agriculture, mining); the secondary sector focuses on manufacturing and industry; the tertiary sector provides services (education, healthcare); the quaternary sector involves knowledge-based activities (IT, research); and the quinary sector includes top-level decision-making and governance.

Summary

Economy sectors: primary, secondary, tertiary, quaternary, and quinary.