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Businesses owned by government or state agencies
Public Sector
Businesses owned by private individuals
Private Sector
Retailing, banking
Tertiary Sector
Processing manufacturing
Secondary Sector
Fishing, farming, extracting raw materials
Primary Sector
Capital
The money invested into a business by the owners
A mixed economy
It has both a private sector and a public (state) sector
De-industrialisation
It occurs when there is a decline in the important of the secondary, manufacturing sector of industry in a country.
The tertiary sector
It provides services to consumer and the other sectors of industry
The secondary sector
It manufactures goods using the raw materials provided by the primary sector.
The Primary Sector
It extracts and uses the natural resources of Earth to produce raw materials used by other businesses
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