Stages of Production
3 Industry Categories Primary Secondary Tertiary
Primary Business that operate at the Primary stage of production: Take raw materials (natural resources) from the land, water or air All products go through this as the 1st Stage of Production
Secondary Business that operate at the Secondary stage of production: Manufacture the raw materials (natural resources) into finished products Most products go through this as the 2nd Stage of Production
Tertiary Business that operate at the Tertiary stage of production: Provide products and services to consumers, governments and other businesses Some products and most services go through this as the 3rd Stage of Production
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