Primary, secondary, tertiary, & quaternary sectors
Primary, secondary, tertiary, and quaternary sectors (AO2) This section of the IB Business Management syllabus looks at the nature of business activity in each sector of the economy, namely the primary, secondary, tertiary, and quaternary sectors (AO2). The primary sector (AO2) The primary sector refers to business activity involved with the extraction of natural resources. For example, metal ores and coal have to be...