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Learning objective

Understand the economic sectors categorized as primary, secondary, and tertiary, including examples to demonstrate this classification and the factors influencing the evolving significance of these sectors in both developed and developing economies.

Read the explanation, check the common trap, then practise with flashcards and questions.

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  • Read the explanation.
  • Check key terms.
  • Practise with linked questions.
Cambridge IGCSE Business StudiesUnderstanding business activity

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Quick explanation

Understand the economic sectors categorized as primary, secondary, and tertiary, including examples to demonstrate this classification and the factors influencing the evolving significance of these sectors in both developed and developing economies

  • This point belongs to Classification of businesses, especially Classification of businesses outcomes.
  • You need to be able to understand the economic sectors categorized as primary, secondary, and tertiary, including examples to demonstrate this classification and the factors influencing the evolving significance of these sectors in both developed and developing economies.
  • The key ideas to know are Explain, Identify, and Outline.
  • Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.

Key concepts

ExplainIdentifyOutline

Why it matters

This objective helps connect Classification of businesses outcomes to exam-style questions, flashcards, and revision notes for Classification of businesses.

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Paper 1 structured question: Classification of businesses

Paper 1Short Answer and Data Response1 marks

Description

Economic Sectors Overview

The economy is divided into three sectors: primary, secondary, and tertiary. Each sector has distinct roles and examples.

  1. a

    State Name the three economic sectors.

    Aim for approximately 1 distinct marking point.

    [1]
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