IGCSE, A Level Business Student Forum

[KN] Growth in the secondary sector can create significant employment opportunities on a large scale.
[APP] For example, the opening of a new factory can provide jobs for hundreds of people in the local area.
[AN] This helps lower unemployment, increasing household incomes and improving living ...

[KN] A secondary sector business creates added value by converting raw materials into finished goods that have a higher market value.
[APP] For example, a bakery uses ingredients like flour and sugar to produce cakes, which can be sold at a price greater than the cost of the raw ingredients.
[AN ...

[KN] The primary sector involves extracting raw materials such as mining ores from mines whereas the secondary sector uses these raw materials to manufacture the finished goods.
[APP] For example, mining iron ore is a primary sector activity, while using that iron ore to produce cutlery is a ...

[KN] The primary sector is responsible for the chain of production because it provides the raw materials needed for making goods.
[APP] For a wooden chair, trees are cut down by lumberjacks and the wood blocks are then processed into timber which can then be used by businesses the furniture.
[AN ...

[KN]Depletion of natural resources causes loss of jobs in the primary sector
[APP]For example, fishing companies close down due to a lack of fish this causes many workers to lose their jobs.
[AN]This will mean a lot of the population won't be earning an income, leading to people not being able to ...

[KN] One reason for decline in employment in the primary sector in developed countries is mechanization.
[APP] For example, in the agricultural business such as farms the increase in machine innovation and intelligence means machines can work faster and more efficiently than human laborer's when ...

[KN] The primary sector is important for a business who specializes in manufacturing because it provides raw materials needed for production.
[APP] For example, farming provides the crops that a food factory needs in order to produce packaged vegetables products.
[AN] Without the primary sector, the ...