CAIE IGCSE Business Studies 1.2.1 types of economic sector
Practise economic-sector questions by defining sector terms, identifying ownership features and explaining changes using table data.
- Syllabus
- 2027–2029
- Course
- Business 0264
Exam points
- Define public, private or primary sector terms with ownership or activity details.
- State features such as profit motive, government ownership or extraction of raw materials.
- Use data or context when explaining why the importance of a sector changes.
1.2.1—Types of economic sector question 1
[Maximum number: 2]
WMH is a business which operates in the secondary sector. It makes furniture including tables and chairs. WMH's employees are all members of a trade union. The Managing Director knows the business is likely to remain small. She is considering introducing new technology into WMH's factory. She also knows it is important for a manufacturing business to choose a suitable location for a factory.
Define 'secondary sector'.
Define 'secondary sector'.
Award 2 marks for a full definition. Award 1 mark for a partial definition.
Businesses that:
- Process/manufacture goods from natural resources [2]
- Manufacture goods using the raw materials provided by the primary sector [2]
- Use manufacturing to transform the raw materials generated in the primary sector into a product [2]
- Converts raw materials into manufactured goods [2]
Partial definition e.g.
- Makes products [1]
- Manufactures goods [1]
- Refines/processes raw materials [1]
Do not award examples of manufactured goods
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