Types of Business Activity
- Created by: _ralfss
- Created on: 20-06-15 16:31
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- Types of Business Activity
- Primary Sector
- First stage of production.
- Produces goods using natural resources.
- eg. fishing, mining, quarrying and farming.
- Reason for Change.
- Materials have been used up.
- Use of machinery replaces jobs.
- Secondary Sector
- Uses resources from primary sector to manufacture goods.
- eg. car and furniture manufacturers.
- Reasons for change
- Use of machinery replaces jobs.
- Foreign competition produces goods.
- Tertiary Sector.
- Provides goods and services to customers.
- eg. retailing, banking, travel and hotels.
- Third stage of production.
- Reasons for change.
- Rise in population.
- Population enjoys leisure time.
- Primary Sector
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