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This article explores the three main sectors of the economy: the primary sector, which involves the extraction of raw materials from the Earth; the secondary sector, focused on manufacturing and transforming these materials into useful products; and the tertiary sector, encompassing services such as transportation, communication, and utilities. Additionally, it highlights the distinctions within the retail sector, including personal goods and services aimed at consumer well-being, as well as public services that facilitate business operations and protect citizens.
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Primary Sector • The portion of economy concerned with the direct extraction of materials from Earth’s surface.
Secondary sector • The portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling of raw materials.
Tertiary sector • The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.
Retail Personal • Provides goods to sale to consumers • Provides services for the well being and personal improvement of consumers
Business Public • Facilitates other business • Provides security and protection for citizens and businesses