Business Sectors

Question 1

What is production

Answer 1

Production is the process of taking resources and changing them into products or services

Question 2

Sectors of production/economic sectors

Answer 2

Primary sector
Secondary sector
Tertiary sector

Question 3

Primary sector

Answer 3

Making direct use of natural resources where businesses are concerned with extractive industries
E.g. farming/mining/crop cutting/timber/fishing

Question 4

Secondary sector

Answer 4

This is manufacturing and assembly process. It involves converting raw materials into components
E.g. house construction/car assembly/factories

Question 5

Tertiary sector

Answer 5

The commercial services that support the production and distribution process
E.g. doctor/banks/teaching/restaurants/shop/transport

Question 6

Deindustrialisation pie chart

Answer 6

Tertiary 72%
Primary 9%
Secondary 19%

Question 7

What has caused deindustrialisation

Answer 7

Changes in consumer demand
A lack of competitiveness amongst UK manufacturers
Increasing competition from oversea
A lack of investment in manufacturing
And helpful government policy

Question 8

Stages of production

Answer 8

As products are made they pass through the chain of production. This is the number of stages of product passes through until it reaches the final consumer