classification of business.

Question 1

economy

Answer 1

• resources, riches and wealth of a country
• The bigger the economy the better for the country
• Production, distribution, consumption of goods and services.

Question 2

primary sector

Answer 2

business deal with raw resources- extraction of natural resources from our earth
gas/oil/farming/ fishing

Question 3

secondary/production sector

Answer 3

Manufacture of goods using raw materials from the primary sector into usable things
-construction/food/glass industry

primary sector extracts oil and secondary sector refines the oil so we can use it

Question 4

terciar sector

Answer 4

providing service for consumers

Question 5

developed countries

Answer 5

• Manufacturing imported
• improved living standards,
• increased freedom/self-esteem,
• high levels of productivity,
• higher income,
• good standards of health car

Question 6

developing countries

Answer 6

• low incomes on average,
• low levels of savings,
• low life expectancy,
• low levels of education and health care,
• higher number of workers in the primary sector

Question 7

de-industrialization

Answer 7

When the manufacturing sector becomes less important in a country.
The country shifts from lots of jobs in the industrial primary and secondary sectors to more jobs in the tertiary sector.

Question 8

disadvantages of de-industrialization

Answer 8

• the loss of jobs in rural areas are the breakup of rural communities
• people have to move to cities to find work

Question 9

advantages of de-industrialization

Answer 9

• less environmental pollution
• old buildings can be turned into tourist attractions
• return land to farming forestry

Question 10

private sector

Answer 10

the owner has control over the business

Question 11

public sector

Answer 11

the government has control over the business

-schools/colleges/hospital