What are the 3 main sectors of the economy?
Primary sector; extraction of raw materialsSecondary sector; manufacturing or modification andThe tertiary sector; exist to assist the transportation, distribution, and sale of commodities generated in the secondary sector. …
What is the largest industry in the US?
What is the biggest industry in the US? Rank Industry GDP value added (in $ billions), 2011. 1 Real estate, renting, leasing 1,898. 2 State and Local Government 1,336. 3 Finance and insurance 1,159. 4 Health/social care 1,136. What are the 4 main industries?-Primary sector of the economy (the raw materials industry)
What is tertiary sector of the US economy?
The tertiary sector of the economy is also known as the service industry. This sector sells the goods produced by the secondary sector and provides commercial services to both the general population and to businesses in all five economic sectors.
What are the basic sectors of the US economy?
Communication services – 5 industriesConsumer discretionary – 11 industriesConsumer staples – 6 industriesEnergy – 2 industriesFinancials – 7 industriesHealthcare – 6 industriesIndustrials – 14 industriesInformation technology – 6 industriesMaterials – 5 industriesReal estate – 2 industriesMore items…