Final answer:
The three sectors in which a business can operate are the primary, secondary, and tertiary sectors, each with distinct roles and contributions to the economy.
Explanation:
The three sectors in which a business can operate are:
- Primary sector: involves the extraction of raw materials like agriculture, mining, and fishing.
- Secondary sector: includes manufacturing activities, producing goods from raw materials.
- Tertiary sector: consists of service-oriented jobs like transportation, retail, and entertainment.
Each sector plays a vital role in the economy, contributing to the overall functioning of businesses and the creation of products and services.
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