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Describe what is meant by the primary, secondary and tertiary classification of business activities. Give Examples of Each.

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Introduction

P2- Assessment practice (P) 1 A). Describe what is meant by the primary, secondary and tertiary classification of business activities: Primary sector: Definition: The Primary Sector involves the extraction of raw materials, such as coal, wood and steel. A coal minor and a fisherman would be workers in the primary sector because a coal miner takes coal from the ground, and the fisherman would takes out the fishes from the sea. Secondary sector: Definition: The Secondary Sector involves the transformation of raw materials into goods e.g. manufacturing steel into cars. A builder and a dressmaker would be workers in the secondary sector because they produce the goods to be sold by the tertiary sector. Tertiary Sector: Definition: The Tertiary Sector involves the provision of services to consumers and business, such as cinema and banking. A shopkeeper and an accountant would be workers in their tertiary sector because they are either selling a good or a service. B). In which classification would you place the coal industry: The coal industry goes into the primary business because it is mined from the ground and it is natural resources. c). suggest two or three local and national examples for each sector: The primary sector is declining because there are less primary businesses and less resources then back in the days, for example fossil fuels and oil that cannot be renewable. ...read more.

Middle

D). Suggest one reason why this change has occurred. This change has occurred due to technical advances, with better, efficient machinery and it is also cheaper because then they would have to pay wages to employee every month. E). How do you think this affects the price of coal- and why? (M2 part) This change would reduce the selling price of coal because there is less demand in the market for the coal and they are making too much. To sell the coal they are making, they have to sell it cheap so people buy it and it does not go to waste. (M) A). Identify six other areas of primary, secondary and tertiary business activities that have grown or decline in recent years. Local: J stringer & sons Park hall farm, Liverpool RD, Eccles, Manchester, Lancashire, M30 7RJ They work with other farmers, their family at barns that hold animals and equipment and they also work outside in all kinds of weather. This farm is located in Manchester, so it is local. Regional: W & K Bostock Moathouse Lane, Shustoke, Coleshill, Birmingham, west midlands, B46 2RL These farmers use machines to plant and harvest crops. This farm is located in Birmingham, Manchester, and Accrington. ...read more.

Conclusion

* These are in the tertiary sector because they all sell products which are produces by the secondary sector. B). Explain reasons for these changes (M2 part) Primary sectors are declining because there are less resources then before, for example fossil fuels and oil that cannot be renewable. The reasons for these changes in primary sector are that there are less people working for them because they have machines to replace the employees. The machines are cheaper because then they do not have to pay wages. The example of industries in this sector is farming, fishing, quarrying (Digging holes- taking metal out of the ground), gardening and oil drilling. The reasons for these changes in secondary sector are because more people are going aboard to make products. Where they might make cars, which is easy to set up there and it is cheaper. They do not have to pay that much wages to the employees working for them and they also can extend the employees time because they do not have contract which they follow. The example of industries in this sector is cars, Cadbury, Brewery (beer or alcohol drinks). The reason for the changes in Tertiary are because more people are providing service such as leisure services, Hairdressers, Pizza express, Mc Donald's, Subways, Top man or Top shop for women clothes. These all come under tertiary. ?? ?? ?? ?? arsalan ...read more.

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