Question
agriculture and cods fairies
of the armary sector has declined. To be sucharras
resources to make car parts and services provided by other businesses.
Consumer Incomes are rising rapidly in Country X.
a Define primary sector.
• Identify two examples of services that a business such as AEC requi
Ocentity two examples not s business such as AEC could not be succe
without other firms providing natural resources.
d Explain two likely reasons why the relative importance of the prima
sector of Country X's economy has declined.
• A government minister in Country X recently said: The secondary s
of industry will always be more important than the tertiary sector
Answer
Primary sector: The primary sector of an economy is the sector that produces raw materials, such as agriculture, forestry, fishing, and mining.
Examples of services that a business such as AEC could require: Accounting services, marketing services, legal services.
Examples of natural resources that other firms could provide: Raw materials, energy, water.
Reasons why the relative importance of the primary sector of Country X's economy has declined: Increased consumer incomes, technological advances, and increased demand for services and manufactured goods.
Government minister's statement: The secondary sector of industry, which includes manufacturing, construction, and energy production, will always be more important than the tertiary sector, which includes services such as healthcare, education, and hospitality.