Growth and decline in the primary sector of business

Developing nations start off with the primary sector which is farming, mining, fishing, etc.

Growth and decline in the primary sector of business

Economy Areas of growth and decline in the primary, secondary and tertiary classifications of business activities Firstly the primary sector, obtain or produces raw goods. The secondary sector manufactures and constructs goods.

Over time whole sectors can grow or decline. Absolute growth or decline means that on its own a sector is getting bigger or smaller.

The Decline of the Primary Industry in the UK by ellen hardy on Prezi

If this type of decline happened continuously, one day a sector would disappear. It may be growing relative to other sectors but still not doing very well.

Or it may be declining relative to other sectors, but doing quite well on its own. Overall the primary and secondary sector is declining and the tertiary sector is growing. This is because we as a country are becoming more of a service culture.

Growth and decline in the primary sector of business

The primary and secondary sector has decreased because we can now use machinery to do certain jobs that people used to do and so people have to find work elsewhere in the tertiary sector.

This is because people no longer produce their own food or own animals for meat and so as the years went on people started to trade the food that they produced and the animals they owned for other products which leads on to the tertiary sector.

However within the sector the output has risen from. Fishing fleets, coal mining and quarrying are all examples of areas in the primary sector that has declined. This is because machinery can do most jobs that people used to do, foreign industries also became more competitive and imports such as coal became more affordable.

As the availability of coal declined in the UK, and also became more expensive to extract more coal was imported. This led to a further decline in primary sector employment in the UK. The primary sector has although increased in its organic food production, wind farming, fish farming and oil and natural gas extraction.

The number of organic producers has risen from 6, organic producers in to 7, organic producers in this is because the demand for organic food has increased as more and more people want to eat food without artificial fertilizers and pesticides. However even with this increase the primary sector is declining compared to the secondary and tertiary sectors as employment for the primary sector in is only 1.

This shows that the primary sector is declining along with the secondary sector but at a much more drastic rate.

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The secondary sector is doing better than the primary sector as pointed out in my last paragraph however is declining largely compared to the tertiary sector. Between and the secondary sector was on the rise as employment in manufacturing increased and the output of the secondary sector increased.

The areas hit most were industries metal products, transport engineering and construction. Overjobs were lost in the motor industry, BAE systems cut jobs and SANYO closed its factory which made televisions — ever since no factory in Britain made televisions. Going back to the areas that were most successful in the secondary sector were the food and drink industry, drugs and pharmaceuticals, weapons, ammunitions, energy, electrical and optical equipment and finally paper and publishing.Primary sector.

The primary sector has slowly declined over the past 25 years, and there are many reasons for this. Areas of growth and decline in the primary, secondary and tertiary classifications of business activities Firstly the .

The growth and decline of the sectors The demand for different products and services changes over time, for several reasons This has two effects Whole sectors can grow or decline, over a period of years Within deferent sectors, certain types of business may flourish whilst others do not.

The primary sector is growing, extracting or converting natural resources into raw materials e.g. farming. The secondary sector is manufacturing goods it converts raw materials into products for sale to businesses and private individuals e.g. sewing a shirt.

Growth and decline in the primary sector of business

Describe the trends of growth and decline for the sector in which Manchester airport operators and compare with other sectors. Free essay example: Ahsanul Islam 10 YER.

The Decline of Industry |authorSTREAM

Task 5. -Primary Sector-Secondary Sector-Tertary Sector. Primary Sector. Categorizing the problems and growth patterns of small businesses in a systematic way that is useful to entrepreneurs seems at first glance a hopeless task. M3: Compare areas of growth of decline in the primary, secondary and tertiary classification of business activity Primary Sector The Decline of the UK Coal Industry.

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Growth & Decline In the Primary, Secondary & Tertiary by Oliver Smith on Prezi