Question

Phil lives in a country that is heavily dependent on fishing for its livelihood. In which type of economy does Phil live? secondary, manufacturing, tertiary, primary

Answer 1

Phil lives in primary economy.

Primary economy is a type of economy that is involved in the extraction and gathering of natural resources such as fishing, mining, forestry and farming. These economy functions by supplying raw materials for other industries, which further perform several processes on the materials and transform them into finished products to be purchased by customers.

Answer 2

I would state that Phil lives in a primary economy. Primary economies rely on obtaining the resources themselves, whereas secondary, manufacturing, and tertiary economies rely on others obtaining the resources for them.