What are primary businesses?
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Primary business means the source of more than 50 percent of the revenues of the retail establishment. In the case of a retail establishment with more than two lines of business, primary business means the line of business which generates the highest revenues when compared with the other lines of business.
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The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, hunting, fishing, and mining. Theprimary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries
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