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iPad F < Note uo dA 23:27 57% Mn) (coal, wood iron one). Types of industries of primary sector are: farming, mining, fishing, forestry. 2. Secondary s. Transform the raw materials into goods and products. Types of industries are: food and beverage, textile, car manufacturing, building. 3. Tertiary s. involves the provision to final consumers and businesses. Types of industries are: retailing, banking, insurance, education. Goods move through this chain of production 3 Types of economy: 1. Planned Economy: in this, the government makes the main decision about what will be produced, how it will be produced and in what quantities, at what price it will be sold and who will benefit from the sale of products or services. 2. Free Market Economy: this is also known as the ‘capitalist system‘ The main decisions about production and prices are established by the economics of supply and demand. Consumers choose who to buy from and how much they are willing to pay for a product or service. 3. Mixed Economy: combines elements of both previous economy. Private companies are free to compete for most goods and services, but the government provides other services (public transport, education, healthcare) E-commerce refers to the buying and selling of products and services via the Internet. The first e-commerce, in 1970s, were used only by large corporations; later they expanded and manufacturers, retailers, service providers could use them. The internet allows companies to work faster and more efficiently and it's used for: 1. Promote products and services easily and cheaply to a worldwide market. 2. Receive and send store info, in written, audio, visual forms. 3. Interact with other companies and find info about competitors, customers and suppliers. 4. Buy and sell products by web sites 5. Advertise for and find staff. Types of online business activities for trade over the internet: 1. Clicks and mortar: describe businesses which sell from traditional retail stores plus a web site. Businesses that sell only from a traditional retail shop are called Bricks and Mortar. 2. Dotcom companies are businesses operating entirely online. These companies are called dotcoms because most of their web sites use the popular domain ‘com’ 3. B2B (business to business) is used to describe activity between business that sells over the internet. 4. B2C (business to consumer) is used to describe activity between business and consumers and refers to internet sales. 5. C2C (consumer to consumer) is used to describe transaction between consumers through an intermediary, for example in online auctions or private buyers and sellers on eBay 
