What is the primary industry primarily associated with?

Study for the IGCSE Economics Test. Dive into multiple choice questions and informative flashcards, each with hints and clear explanations. Boost your exam readiness!

The primary industry is primarily associated with obtaining raw materials. This sector focuses on the extraction and harvesting of natural resources directly from the Earth, such as agriculture, forestry, fishing, mining, and oil extraction. The objective of the primary industry is to utilize these unprocessed resources as the foundational elements for further production or processing that takes place in secondary and tertiary industries.

For instance, agriculture provides crops, forestry yields timber, and mining delivers minerals and metals. These raw materials are essential since they serve as inputs for manufacturing processes in the secondary industry and are vital for various services in the tertiary sector. Understanding this foundational role of primary industries highlights their importance in the overall economy, particularly in supplying the materials needed for further production and consumption.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy