Name: Brittany Thomas
Grade: 10 B
Date: September 27, 2021
Subject: Principles of Business
1. Identify what type of economic system
operates in your country, and in one
neighbouring country. Give examples of
businesses that are in the public sector and
businesses that are in the private sector in
your country.
Ans: Jamaica operates as a mixed, free
market economy and Dominica has a mixed
economic system.
Public Sector Eg:
Hospital
Private Sector Eg:
KFC
Primary Schools
Burger King
Health Center
Banks
Post Offices
Pizza Huts
2. Find out which of the following industries are
in the private sector and which are in the
public sector in your country.
Retail
Private Sector
Water Supply
Public Sector
Telecommunications
Private Sectors
Banking
Private Sectors
Insurance
Private Sectors
3. Business in action: Cuba is often cited as an
example of a country where the role of the public
sector is greater than in most other countries.
Carry out some online research into the Cuban
economy to find out which industries are in the
public sector and which are in the private sector
Public Sector
Aero Caribbean
Central Bank of Cuba
Private Sector
Aerotaxi
Havana Club
.
Cubana de Aviación
Modelo Brewery
Cubatabaco
Panart Records