Year 10 Business Chapter 1.2

Look at this image. Which sector does it represent?

• Primary

• Secondary

• Tertiary

Look at this picture. Which sector does it represent?

• Secondary

• Primary

• Tertiary

Look at this picture. Which sector does it represent?

• Primary

• Secondary

• Tertiary

Look at this picture. Which sector does it represent?

• Primary

• Secondary

• Tertiary

This is when the government sells a business to the private sector.

• Privatization

• Nationalization

• Tertiary

• Production

Enter the missing word

A _______ ______ is a combination of the private and public sectors.

(a)  

Deindustrialization is the reduction of the primary sector.

• True

• False

Answer explanation

Deindustrialization is the decrease of the secondary sector (production industry), NOT primary which is natural resource extraction.

Resource depletion can lead to the reduction of the primary sector.

• True

• False

Answer explanation

Since the primary sector is about extracting natural resources, a lack of resources would lead to a fall in the primary sector.

What is a consumer?

• Someone who sells a product / service.

• Someone who buys a product / service.

• A sole trader

• An example of a public sector

Answer explanation

Consume or to buy things.

‘a poor agricultural country that is seeking to become more advanced economically and socially.’

• Developing countries

• Developed countries

• Industrialized countries