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Question 3.1

List and describe the three sectors in which a business can operate. (06)

Sagot :

GinnyAnswer

Final answer:

The three sectors in which a business can operate are the primary, secondary, and tertiary sectors, each with distinct roles and contributions to the economy.


Explanation:

The three sectors in which a business can operate are:

  1. Primary sector: involves the extraction of raw materials like agriculture, mining, and fishing.
  2. Secondary sector: includes manufacturing activities, producing goods from raw materials.
  3. Tertiary sector: consists of service-oriented jobs like transportation, retail, and entertainment.

Each sector plays a vital role in the economy, contributing to the overall functioning of businesses and the creation of products and services.


Learn more about Business sectors here:

https://brainly.com/question/1383739


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