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ECONOMY SECTORS by Mind Map: ECONOMY SECTORS

1. SECONDARY SECTOR

1.1. Secondary industries are those that take the raw materials produced by the primary sector and process them into manufactured goods and products.

1.1.1. heavy manufacturing

1.1.2. Light manufacturing

1.1.3. Food processing

1.1.4. Oil refining

2. TERTIARY SECTOR

2.1. The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. It is made of:

2.1.1. the market services sector

2.1.1.1. (trade, transports, financial operations, business services, personal services, accommodation and food service activities, real estate, information-communication)

2.1.2. the non-market sector

2.1.2.1. (public administration, education, human health, social work activities).

3. CHAIN OF PRODUCTION

3.1. Consists of the various stages involved in the production of a particular product.

3.1.1. Example

3.1.1.1. Growing of trees and lumbering of timber > Sawing of timber in Sawmill > Seasoning of timber > Construction of forniture by carpenters > End product

4. PRIMARY SECTOR

4.1. MINING

4.1.1. Coal, Iron

4.2. MINERAL

4.2.1. Extraction (Oil)

4.3. AGRICULTURE

4.3.1. Crops, Livestock

4.4. FISHING

4.5. FORESTRY