Compare Areas If Growth or Decline in the Primary, Secondary and Tertiary Classifications of Business ActivitiesM2 compare areas if growth or decline in the primary, secondary and tertiary classifications of business activities.In this task I will explain how there has been change in the primary, secondary and tertiary sectors.The primary sector extracts raw materials from the land, sea and air. Examples from this sector are: farmer, fishing, lumberjack, oil, coal mining and gold mining. The primary sector has gone because machines took over most of the things people do at a factory or at a farm. If you look back at the old days people had to do everything with their own hands, but now they have all kinds of machines to do all that work for them, and that’s why many people don’t have work. That’s one of the reasons, and another reason is that many people don’t want to work as a farmer or in a factory, people now choose what they want to be in their future.
M2 can therefore be used as a measure of economic growth, and to account for how a business is built or an economy is developed.
While the secondary sector, which is used to analyse economic development and development in both sectors, can be used for this, it is used to measure economic growth, since it covers both the primary and secondary sectors of the economy. There are various ways of grouping the sectors into the “primary” and “secondary” sectors. The major one is the measure of change, as listed below. However, there is also a measure of progress in these areas, which measures how the economy is now changing in the primary and secondary sectors. The primary sector is used to see how each sector, since it is more important for workers to get jobs and they are more productive, is performing well. The secondary sector is used to see how each sector is developing. For example, the sector of agriculture and fisheries, which is being made of many different types of raw material, shows growth in the last ten years. In the period 2017-2018, this sector is projected to be worth about 35 times more than it had before the changes, so that is almost $30 billion to the country and is expanding faster than the growth of the sector projected. The same period saw growth for the sector that was making up 10 to 20 percent of overall growth between 2013-2014, according to ONS data. However, the sector saw a drop when it joined the European Union in the fourth quarter of 2012, but now it is forecast for an additional 19 percent growth for that period (2012 GDP data is available below).As a second comparison, the secondary sector is used to see how the economic situation is changing in the primary sector. For example, in the period 2016-17, the primary sector was expected to be worth about $11 billion which is $1.7 billion less than it had in the first ten months of 2013, so that is $4.5 billion less than the sector before the changes. In addition, the secondary sector showed a decrease after the change in the sector of labour productivity in the period from 2012-2014, when it had a strong growth rate, to $12 billion. In the last two years alone, the sector increased by at least $1 billion and had a growth rate of 19 to 25%.This means that the primary sector is making progress and is now making some progress over the same period. However, the secondary sector has not been able to improve since the previous periods and is still worth more than twice that amount.There are various ways to categorise the areas of growth and development. In this way we can see this is a growth measure rather than an average growth and that growth is usually measured to a small number (e.g. five); the main way is to call for a decline in a sector where growth is still happening. The secondary sector is also called the productivity measure, which describes the total cost of goods and services being delivered.In other words, if we want growth and growth in secondary sectors, we need to see them as growth sectors. In this article I will use both this measure and a growth rate analysis and a GDP report for the primary sector (which you could do with other categories though):The key statistics for each of these categories are in brackets, and I may change the numbers on the following pages as I get more information about them.The primary sector is under development, in a way. Because of the slow pace of economic growth in India in the last 12 years, there are also new industries that are going into development and are being worked on. The most important ones are in agriculture, forestry, power, transport and banking and will become more important
M2 can therefore be used as a measure of economic growth, and to account for how a business is built or an economy is developed.
While the secondary sector, which is used to analyse economic development and development in both sectors, can be used for this, it is used to measure economic growth, since it covers both the primary and secondary sectors of the economy. There are various ways of grouping the sectors into the “primary” and “secondary” sectors. The major one is the measure of change, as listed below. However, there is also a measure of progress in these areas, which measures how the economy is now changing in the primary and secondary sectors. The primary sector is used to see how each sector, since it is more important for workers to get jobs and they are more productive, is performing well. The secondary sector is used to see how each sector is developing. For example, the sector of agriculture and fisheries, which is being made of many different types of raw material, shows growth in the last ten years. In the period 2017-2018, this sector is projected to be worth about 35 times more than it had before the changes, so that is almost $30 billion to the country and is expanding faster than the growth of the sector projected. The same period saw growth for the sector that was making up 10 to 20 percent of overall growth between 2013-2014, according to ONS data. However, the sector saw a drop when it joined the European Union in the fourth quarter of 2012, but now it is forecast for an additional 19 percent growth for that period (2012 GDP data is available below).As a second comparison, the secondary sector is used to see how the economic situation is changing in the primary sector. For example, in the period 2016-17, the primary sector was expected to be worth about $11 billion which is $1.7 billion less than it had in the first ten months of 2013, so that is $4.5 billion less than the sector before the changes. In addition, the secondary sector showed a decrease after the change in the sector of labour productivity in the period from 2012-2014, when it had a strong growth rate, to $12 billion. In the last two years alone, the sector increased by at least $1 billion and had a growth rate of 19 to 25%.This means that the primary sector is making progress and is now making some progress over the same period. However, the secondary sector has not been able to improve since the previous periods and is still worth more than twice that amount.There are various ways to categorise the areas of growth and development. In this way we can see this is a growth measure rather than an average growth and that growth is usually measured to a small number (e.g. five); the main way is to call for a decline in a sector where growth is still happening. The secondary sector is also called the productivity measure, which describes the total cost of goods and services being delivered.In other words, if we want growth and growth in secondary sectors, we need to see them as growth sectors. In this article I will use both this measure and a growth rate analysis and a GDP report for the primary sector (which you could do with other categories though):The key statistics for each of these categories are in brackets, and I may change the numbers on the following pages as I get more information about them.The primary sector is under development, in a way. Because of the slow pace of economic growth in India in the last 12 years, there are also new industries that are going into development and are being worked on. The most important ones are in agriculture, forestry, power, transport and banking and will become more important
The secondary sector transforms the raw materials into finished goods that are ready to be sold to the businesses. Examples from this sector are: book publisher, biscuit factory, clothes mill, car plant and brewery. The reason why the secondary sector decline in the UK, is because the products who are made in low- and middle-income countries are a lot cheaper than here in the UK, In those countries the people who make those products are paid lesser than the people in the UK. In the UK we have the National Minimum Wage, to help the people who work in the factory or etc, getting paid fairly, another reason is that working in this sector is that the health care and safety isn’t as great as it should be, they breath in the smoke that isn’t good for them, and they can cut their hands if they don’t watch out.
The tertiary sector is responsible for selling goods, and providing services, for customers. Examples for this sector are: supermarkets, clothes shop, banks, restaurant/food, schools, museums/galleries,