1. The Chain of Production.

2. The Sectors of the Economy
Primary Sector – Extractive Industry
Secondary Sector – Construction & Manufacturing
Tertiary Sector – Service Sector

3. Primary Sector Also known as extractive insdustry.
Turns natural resources into raw materials for use in secondary sector.
Eg. agriculture/farmer, forestry, fishing, mining.

4. Secondary Sector
The manufacturing & construction sector of the economy.
It turns raw materials into finished products.
Eg. Baker, builder, factory, machinist……

5. Tertiary Sector Service Sector.
Provides support services for the extractive & manufacturing sectors and to consumers.
Eg. finance, insurance, medical, beauty, recreation………
It is the last to develop, but eventually becomes largest employer.

6. Distinguish Between Chain of Production How the product is created
Primary Sector
Secondary Sector
Tertiary Sector
Chain/channels of Distribution
How/where the product is sold
Manufacturer
Wholesaler
Retailer
Consumer

7. Exam Questions HL
Short
Long

8. Exam Questions OL
Short
Long