Ace the 2026 IB Business Management HL Test – Elevate Your Skills and Go Beyond!

Economies are grouped by the nature of activity. The primary sector involves extracting or harvesting natural resources from the environment. Agriculture, fishing, and forestry fit this because they focus on obtaining raw materials rather than processing them or providing services. The secondary sector handles manufacturing, the tertiary sector provides services, and the quaternary sector covers knowledge-based activities. So, the part of the economy dominated by agriculture, including fishing and forestry, is the primary sector.