• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Describe the trends of growth and decline for the sector in which Manchester airport operators and compare with other sectors.

Free essay example:

Ahsanul Islam 10 YER

Task 5

Describe the trends of growth and decline for the sector in which Manchester airport operators and compare with other sectors.

There are 3 sectors or industries that businesses operate in. These are the:

-Primary Sector

-Secondary Sector

-Tertary Sector

Primary Sector:

Primary sector is involved in getting resources from the natural world. This includes farming. Primary industries can also be called extractive industries as natural resources are harvested.

Examples Include:

-Coal Mining

-Drilling For Oil

-Quarry

Secondary Sector

The secondary sector is involved in the second stage of production. At this stage the raw materials one made into finished or semi-finished products.

Examples Include:

-Brewing (making beer)

-Steel Manufacture

-Construction

Tertary Sector:

The Tertary sector is sometimes called the service sector. This sector provides services or sells products that can be consumed by customers.

Examples Include:

-Hotels

-Beauty Salons

-Clothing Shops

-Magazines

Manchester Airport is in the tertary sector because:

  • They sell products such as news agents, clothes shops and electrical shops.
  • They offer services such as cafes, food hall and flights.
  • The main service they provide is flights.
  • They do not manufacture on a large scale.
  • They do not extract raw materials.

image00.png

This graph shows:

Most people work in tertary sector.

Very few people work in secondary sector.

Trends in the primary sector:

Over the last 30 years the primary sector has declined rapidly and continues to decline. This is due to several reasons:

1. The decline of the agriculture (FARMING) industry less natural resources.

-smaller farms are closing because bigger farms are using

-Machines to operate more cheaply.

-Disease (foot and mouth BSE).

2. The fishing industry has declined over the last 30 years because

  • There are less fish in the seas.
  • Pollution.
  • Low wages for fisherman.

3. In 1947 there were 750,000 miners [in 1993 there were 31,000 miners] in 2002                                                                                there were 11,000 miners. This is because

  • Coal is running out.
  • Electricity is more commonly used because it is easier and it causes les pollution.
  • Gas is used more than coal.
  • There is cheaper imported coal.

Secondary sector:

Manufacturing has seen a decline in the number of workers employed during the 80’s because

  • More technology this means that fewer workers are needed.
  • The industry is more capital intensive. This means they use machines instead of people.
  • Moving manufacturing abroad because of cheaper wages, cheaper raw materials and cheaper running gas cost electricity and companies moving abroad include m+s clothing, dyson and ford.

Tertary sector:

The tertary sector has massively expanded over the last 30 years because

  • People have more disposable income (money after the household bills have been paid) and because of minimum wage + higher incomes.
  • More women’s working means that they are wealthier and more independent + they will demand more services.
  • More people going to university mean people get better jobs and have more money to spend on what they like.
  • So people spend more and it is easier to get credit cards and loan money.
  •  As people become wealthier they want more services such as reastraunts, pubs, holidays and beauty hair salons.

Number employed in thousands

Sector

Number employed 1980

In thousands 2002

Primary

1087

432

Secondary

8192

4854

Tertary

13693

20375

total

22972

25661

By Ahsanul Islam

This student written piece of work is one of many that can be found in our GCSE Accounting & Finance section.

(?)
Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Related GCSE Business Studies Skills and Knowledge Essays

See our best essays

Related GCSE Accounting & Finance essays

  1. This report has been produced as evidence for Unit 9 - 'Financial Services' - ...

    importance of your business relationships and will treat each of your customers in a professional fashion o They will free up your time as the factor does most of the work associated with processing invoices. 3. We want to take advantage of supplier discounts!

  2. Financial Services

    Another way I managed to get hold of information is through the library books. Task 1; Analysis of two personal customer's income & expenditure in the form of a personal budget and an assessment of their financial needs 1st customer Graduate from university The first person I will be talking

  1. Financial Services

    However it doesn't fit precisely into the category of commercial financial provider. In many ways it is a complementary to the commercial sector-it fills in the gaps that banks, building societies, insurers etc doesn't fill 1.3Procedure In this assignment I have used several sources of information; I have collected leaflets

  2. Identifying and describing the main financial service needs for a student starting at university

    The interest will increase if there is more than �5000 in the account. Barclays and Halifax offer students reduced prices on Travel Insurance and Commission free traveller's cheques and currency. All current account cards can be used on ATM machines (Automated Teller machine)

  1. Project DR: Manufacturing Division

    Service sells and Manufacturing receives credit d) Calculate the Manufacturing division break-even sales level e) Separate Fixed and Variable costs, and define "why" Allocation, Break-Even, and Costs: Exhibit 1 focuses on meeting the revenue goals. The breakeven point analysis is essential because it shows at what point the operating income is zero.

  2. Management Accounting Report.

    Recommendation (Part two of Marginal costing) To make the decision I recommend the managing director to consider the points that will be shown below. 1. If the company wants to develop the product then it will not have the choice if the products are bought but it can easily be done if the company is making the product itself.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work