Topic Two (1.2): Classification of Business

This topic looks at the different sectors in which businesses operate: the private and public sectors and the mixed economy.

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Read and work through pages 6 to 9 of your coursebook. 

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Watch and make notes on the following videos:

WATCH - Business Sectors (YouTube) Links to an external site.

WATCH - Private & Public Sectors (YouTube) Links to an external site.

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Make a table with three columns: Primary Sector, Secondary Sector and Tertiary Sector. Place each of the following in the correct column:

  • coal mining
  • banking
  • plumbing
  • gold mining
  • food manufacturing
  • public transport
  • laundrette
  • clothes manufacturing
  • fishing 

Now that we have looked at the classification of the different sectors, we can move on to looking at how and why businesses grow.