(1) There are three main stages of economic activity. These stages are typical of nearly all production and they are called the levels of economic — or business activity: (2) Stage 1 is called the primary stage of production. This stage involves the earth’s natural resources. Activities in the primary sector of industry include farming, fishing, forestry and the extraction of natural materials, such as oil and copper ore. (3) Stage 2 is called the secondary stage of production. This stage involves taking the materials and resources provided by the primary sector and converting them into manufactured or processed goods. Activities in the secondary sector of industry include building and construction car manufacturing and computer assembly. (4) Stage 3 is called the tertiary stage of production. This stage involves providing services to both consumers and other businesses. Activities in the tertiary sector of industry include transport, banking, retail, insurance, hotels and hairdressing. (5) In some countries, primary industries such as mining employ many more people than manufacturing or service industries. These tend to be countries —often called developing countries — where manufacturing industry has only recently been established. As most people still live in the rural areas with low incomes, there is little demand for services such as transport, hotels and insurance. The levels of both employment and output in the primary sector in these countries are likely to be high. In countries which started up manufacturing industries many years ago, the secondary and tertiary sectors are likely to employ many more workers than the primary sector. The level of output in the primary sector is often small compared to the other two sectors. What is the main topic of the passage?
Which stage of production are hotels an example of?