1.2.1 Classifying Business Sectors

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IGCSE Business Studies
1.1.2 Classifying Business Activity Primary, Secondary and Tertiary Sectors
Learning Outcomes
• Describe and classify business activity in terms of
primary, secondary and tertiary sectors
• Understand the basis of the classification
• Use examples to demonstrate understanding
• Demonstrate awareness of changes that have taken
place in these sectors within your own country
• Identify the key features of the structure of your
own national economy
Three Business Sectors
• Primary Sector
• Secondary Sector
• Tertiary Sector
• What can you tell me about them?
Video ….
• Just to clarify……. Watch the video
Primary Sector
• The primary sector of the economy extracts
or harvests products from the earth.
• Activities associated with the primary
sector include agriculture mining, forestry,
farming, grazing, hunting and gathering,
fishing, and quarrying
Secondary Sector
• The secondary sector of the economy
manufactures goods for customers
• Activities associated with the secondary
sector include metal working, automobile
production, textile production, chemical and
engineering industries, energy utilities,
engineering, breweries and bottlers,
construction, and shipbuilding
Tertiary Sector
• The tertiary sector of the economy is the service
industry. This sector provides services to the
general population and to businesses.
• Activities associated with this sector include retail
and wholesale, transportation and distribution,
entertainment restaurants, clerical services, media,
tourism, insurance, banking, healthcare, and law.
Which business
Sector/Sectors?
Task – Lets compete
• You have one minute to write a list of as many
different business activities as you can that would
be part of the Primary Sector
• Then….. You are going to do the same for secondary
and tertiary
• Housepoints for the person with the longest list
Questions
Think about these 3 industry sectors
• How could we measure the size of them?
• How do you think the relative size of these sectors
compares from country to country?
• What factors contribute to the differences?
Lets find out……..
Look at the data…..
• http://en.wikipedia.org/wiki/List_of_countries_by_G
DP_sector_composition
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Questions:
What facts can you find?
What conclusions can you draw?
Are there any figures that surprise you? Why?
Business Sector Trends…..
Discuss…..
• Lets specifically think about Developed Economies
such as the UK…..
• Can you give reasons for why………
• The primary sector has decreased significantly in
the last 50 years
• The secondary sector has decreased significantly in
the last 50 years
• The tertiary sector has increased significantly in the
last 50 years?
LETS FIND OUT ABOUT YOUR
COUNTRY….. BE AN
INQUIRER!
Task…..
• You will research your own country and produce a
Powerpoint Presentation. You must include the
following slides:
• Slide 1 – Basic info about your country (flag,
population etc)
• Slide 2 – A chart to show industry sectors by GDP*
• Slide 3 – An outline of the Primary Sector in the
country (include facts and images)
• Slide 4 – An outline of the Secondary Sector in the
country (include key industries, facts and images)
• Slide 5 – An outline of the Tertiary Sector in the
country (include facts, images, key industries)
• Slide 6 – Trends – How these sectors have changed
over time
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