Session (1.2.1) Primary, Secondary and Tertiary Sector

Partial Progress - Circles (browser only)

Objectives

By the end of this session, you should be able to:

define the primary, secondary and tertiary sectors;
give examples of each sector;
classify a business by its sector;
explain how the sectors link and work together.

Engage

Whichever country you live in, there will be something referred to as the economy. This basically means the activities undertaken by businesses in taking natural resources, turning them into useful things called products (goods and services) and then selling these goods and services to people or other businesses. These activities are categorised into three sectors – primary, secondary and tertiary sectors.

You will have come across the words primary, secondary and tertiary before, but how are the words used to describe different parts of the business world?

Now complete the activity.

Were your answers right? Can you think of a business example for each?

Learn

Watch this introductory video on Business Sectors Explained. Try to make notes to add to the simple definitions given at the start of this session so that you can identify whether a business is part of the primary, secondary or tertiary sectors.

WATCH – Business Sectors (YouTube)

Next, read this summary file on how the factors of production link with the primary, secondary and tertiary sectors.

READ AND MAKE NOTES – Summary File 1.2.1

Now read and make notes on pages 24 to 29 of your coursebook using our summary file to enhance your notes. Please pay close attention to Figures 2.5 and 2.6 which are excellent illustrations of the three sectors and how they work alongside each other.

Apply

Now go back and complete Activities 2.1 to 2.4 on pages 24 to 29 of your coursebook. You can choose to work on this alone or share your thoughts with a friend or family member afterwards.

Now complete the activity.

Consolidate

Which sector would you place Malon Bambu Bikes in Case Study 2.1 and why? Does it link with another sector? If so, which one?

Which sector would you place BRAC Bank in Case Study 2.2. and why?

Log in to Cambridge Go via your digital coursebook to watch Video 2.

WATCH – Video 2 (Cambridge Go)

Now update your glossary with the terms primary sector, secondary sector and tertiary sector.

Complete rows one and two in the check your progress box on page 34 of your coursebook.