Tertiary sector - Study guides, Class notes & Summaries

RPTM 410 EXAM 1 Question and answers verified to pass RPTM 410 EXAM 1 Understand primary sector, secondary sector, and tertiary sector of the economy - correct answer primary is agriculture/extracting raw materials secondary produces goods like factories and tertiary is the services being offered to consumers Know the definition of service; the definition of marketing - correct answer Service: economic activities which bring about desired results to recipients, objects, or other asse...

Primary activity - - extract raw materials - e.g. mining, farming, fishing, extraction (gas, oil, mineral water) Secondary activity - - manufacturing products - e.g. factories, mills, construction Tertiary activity - - provides a service - e.g. retailers, personal services, business services Private sector - - owned by individuals - e.g. TESCO PLC, Coca-cola Enterpises LTD Public sector - -owned by the state/government - e.g. NHS, Ofsted, The British Army, BBC, Local authority refuse co...

Latest CIE IGCSE Economics Final Exam with 100% Correct Answers what is the basic economic problem *Ans* how to allocate resources to satisfy unlimited needs and wants (scarcity) what is the chain of production *Ans* describes how businesses from the primary, secondary and tertiary sectors work interdependently to make a product and sell it to the final customer what are Economic Agents *Ans* households (private individuals in society), firms that operate in the private sector of an...

Economy - Answer A system of production, distribution, and consumption Primary Sector - Answer -Extraction or harvest of natural resources -Countries where the primary sector drives the economy are considered "subsistence" or "pre-industrial -Mining, agriculture, fishing, forestry Secondary Sector - Answer -Process, transform, fabricate or assemble raw materials -Reassemble, refinish, or package manufactured goods -Manufacturing, processing (food processing, steel making, text...

Test Bank for Canadian Fundamentals of Nursing 6th Edition by Potter > all chapters 1-48 (questions & answers) A+ guide. Authors: Patricia A. Potter, Anne Griffin Perry, Patricia Stockert, Amy Hall, Barbara J. Astle, Wendy Duggle This is a Test Bank for Canadian Fundamentals of Nursing, 6th Edition. This is not the textbook. A Test Bank is a collection of exam questions with solutions based on the textbook. However it is not from the textbook. Test Banks or exam guides are useful in test prep...

The modern definition of agriculture includes Select one: a. animal husbandry and shifting cultivation. b. vegetative and seed planting. c. multiple hearths of origin. d. the deliberate domestication of plants and animals. e. none of the above. - d Agriculture is associated with the Select one: a. secondary sector of the economy. b. quaternary sector of the economy. c. tertiary sector of the economy. d. primary sector of the economy. e. service sector of the economy. - d The most p...

Higher Business Management - Understanding Business Exam Questions And Answers 2024 Primary sector - answerConsists of businesses that are involved in the extraction and exploitation of natural resources Secondary sector - answerConsists of businesses that are involved in manufacturing and construction, by taking the natural resources provided by the primary sector and turning them into goods to be sold later Tertiary sector - answerConsists of businesses and organisations that are invol...

NFDN 1001 Midterm questions and answers latest 2023Marie Rollet Hebert Committed to teaching aboriginal children and families about Christianity Jeanne Mance Founded Hotel Dieu de Ville in Montreal; Founded first hospital Marguerite d'Youville Founder of Sisters of Charity of Montreal, which later became known as the Grey Nuns Florence Nightingale Founder of modern nursing; Proved that a clean environment led to reduced disease and wound infection Mary Agnes Sniv...

Primary sector Sector of an economy which covers the extraction of raw materials, such as precious metals, wheat and coal. Benefits of FDI Capital inflows create higher output and jobs. Capital inflows can help finance a current account deficit. Long term capital inflows are more sustainable than short term portfolio inflows. e.g. in a credit crunch, banks can easily withdraw portfolio investment, but capital investment is less prone to sudden withdrawals. Recipient country can benef...

OMIS 450 Exam 1 Questions With 100% Verified Answers Why was there a surge of interest in service operations. - answer• Quality Movement • Significant role in economic life definition of services - answerEconomic activity that produces time, place, form or psychological utilities. definition of services - answerAll economic activities whose output is not tangible definition of services - answerTime-perishable, intangible experience performed for a customer acting in the role of a co-...