CAIE IGCSE Economics 3.4.1 Different Types of Firms Questions
Practise Cambridge IGCSE Economics by classifying industries into economic sectors and analysing sectoral employment changes.
- Syllabus
- 2027–2029
- Course
- Economics 0455
Exam points
- Define primary, secondary and tertiary sectors of an economy.
- Classify industries and employment by economic sector.
- Analyse changes in the sectoral distribution of employment and output.
CAIE IGCSE Economics 3.4.1 Different Types of Firms Questions question 1
[Maximum number: 2]
In the first half of 2022, Guyana's GDP grew by 36.4%. Most of this growth was due to higher output in the primary sector. The government used some of the tax revenue generated from this growth to fund long-run development projects such as infrastructure and education. However, in the short run, there was a rise in house prices.
Identify two examples of primary sector industries.
Identify two examples of primary sector industries.
Two from:
- farming / agriculture
- mining
- fishing
- forestry
2
If more than two primary industries are given, consider the first three.
Accept two specific examples, e.g. growing wheat, catching tuna, but not from the same industry.
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