business

Primary Sector
Produces or extracts raw materials for other businesses to use
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Secondary Sector
Manufactures (makes) products with raw materials
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Tertiary Sector
Retailing, banking, travel, entertainment, customer service, education, health
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Is the primary sector more or less important?
Less because raw materials have been used up, machines have replaced jobs (e.g farming) and foreign competition can produce cheaper raw materials
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Is the secondary sector more or less important?
Less due to the decline in manufacturing (de-industrialization) , foreign competition means many goods made overseas (cheaper to produce) and machinery has replaced jobs
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Is the tertiary sector more or less important?
Much more because an increase in wealth so more money spent in shops, on travel and on entertainment. Also increase in leisure time and customer service is more important so businesses can keep their customers.
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Other cards in this set

Card 2

Front

Manufactures (makes) products with raw materials

Back

Secondary Sector

Card 3

Front

Retailing, banking, travel, entertainment, customer service, education, health

Back

Preview of the back of card 3

Card 4

Front

Less because raw materials have been used up, machines have replaced jobs (e.g farming) and foreign competition can produce cheaper raw materials

Back

Preview of the back of card 4

Card 5

Front

Less due to the decline in manufacturing (de-industrialization) , foreign competition means many goods made overseas (cheaper to produce) and machinery has replaced jobs

Back

Preview of the back of card 5
View more cards

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