Chapter 2 Flashcards
(6 cards)
1
Q
What is a market
A
A way of bringing together buyers and sellers.
2
Q
Give me 4 types of markets
A
Auction, Physical, shop, online
3
Q
What are the sectors
A
Primary secondary tertiary
4
Q
What is the primary sector
A
The direct use of natural resources eg farming, fishing
5
Q
What is the secondary sector
A
Using the raw materials to make goods or parts to go into other goods eg manufacturing or construction
6
Q
what is the tertiary sector
A
All activities in an economy that involves the creation idea of service eg transport entertainment
