refers to 

the method used to get goods and 

services from the producer to the 

consumer.

The 

wholesaler

buys in bulk from the 

manufacturer and sells in smaller 

quantities to the retailer. A

retailer

is a person who buys goods 

and services from manufacturers or 

wholesalers and sells them in small 

quantities to the consumer at a profit.

A franchise exists when the owners 

of a business give permission to 

another person to set up a branch of their business in another location in return for a fee

TYPES OF PRODUCTION

The goods and services produced by the different industries can also be divided up as 

follows:

Primary production

which includes all the products produced by firms in the

extractive industry. Examples of jobs in the primary sector include miners, 

farmers, fishermen and forestry workers.

Secondary production

, which includes all the products produced by the 

construction and manufacturing industries. Examples of jobs in the secondary 

sector include carpenters, block layers, computer hardware manufacturers and 

furniture manufacturers.

Tertiary production

, which includes all the services provided by the service 

industry. Examples of tertiary-sector jobs include accountants, teachers,