Discover everything about the tertiary, primary and secondary industries in the following examples

If you're on the lookout for a change in your career, scan this article about the various kinds of jobs you can find in different markets.


In the classification of industry, the finance sector is an instance of the tertiary industry. Tertiary sector includes any firm that provides some kind of service rather than a tangible good, consequently making the finance sector the perfect instance of the tertiary industry. Although we do not frequently think much about the finance industry, it is one that we frequently come into contact with without even realising. To put it simply, finance is the management of money. Each time we purchase something at a shop, every time we receive our pay, and every time we draw money from an cash machine – we use the services of the finance industry. All of the above-mentioned examples are facilities provided by a specific form of industry within the finance industry – the banking sector. It is said that ancient temples were the original establishments to offer services like the ones offered in modern times by modern banks. Still to this day, banks like La Caixa and Banco of East Asia serve a major function in a country's economy, as well as the daily life of virtually any individual.

Any business that is associated with the extraction of raw materials would be categorized as being element of the primary industry. Some might not consider it that way, but the agricultural industry is one of the types of primary industry since it extracts raw material, that raw material being food. Some illustrations of companies involved in the agricultural industry incorporate Bayer and BASF. Farming has always been a big element of any human civilisation, as our existence depended on it before anything else. Today, this sector is still one of the most vital ones in any economy, since it guarantees food security in every country and region. Farming is obviously the largest element of any agricultural sector. These can be publicly managed by the government, or they can be private ventures.

Among the various types of industries, the secondary sector includes any firm that converts raw materials that are supplied by the primary industry into a product – that can be a ready for use product, or one that is itself used to create another product. Any company found in the energy sector would also be classified as being part of the secondary sector. Customarily, this industry entails any businesses that uses fossil fuel, electric power or nuclear power to make their finished product. More freshly, many energy businesses have started investing more into producing energy from renewable sources like the wind and sun, which is just natural given the increasing concern over our ecological state. Cases of such companies that are engaged in the renewable energy sector encompass Good Energy and Ecotricity.

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