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QUESTION 2 Economic sectors: Below are descriptions of the economies of four different countries. One has primarily a primary sector econ another a secondary sector economy, another a tertiary sector economy, and lastly one has a quaternary sector economy. Please characterize each economy by selecting one term that best fits with each economy primary, secondary, tertiary, or quaternary. Country A has a developing economy. Labor costs are low, Aquaternary and the government has few regulations. As a result, many B Western companies have their good s manufactured there. secondary C. Country B has an undeveloped economy but also possesses many oil reserves. Most people in the country work either in D tertiary agriculture or as laborers in the country's oil fields primary Country C is a developed economy. Long ago, most manufacturing moved offshore. In additional to offering many services, the country has a huge IT sector, where large number of highly skilled workers and professionals specialize in collecting, processing, and selling information. Country D once had a major manufacturing base, much of which has been offshored. Fortunately, the country has many historical sites and beaches and draws many tourists from all over the world. The country has develop real expertise in tourism, design, and retail sales. ick Save and Submit to save and submit. Click Save All Answers to save all answers. Type here to search

Answer 1

Ans: i) Country A is a secondary activity economy as the country as more manufacturing of goods takes place in the country. So the correct answer is B

ii) Country B is Primary activity based economy as most of the people in that country is depends on agricultural activities. So the correct answer is C

iii) Country C is  Quaternary activity based economy as most of the people in that country is depends on services like IT sector. So the correct answer is option A.

iv) Country D is Tertiary activity based economy as there main focus on service sector like tourism & design.

So the correct answer is option D.