subject
Business, 26.10.2020 16:00 tiny2007

1 Ade's Engineering Company (AEC) makes parts for cars and trucks. These are sold to car manufacturers in many countries. The parts include metal
brake components and rubber seals to fit around windows. AEC operates
in Country X, which, until a few years ago, had an economy dominated by
agriculture and coal mining. Over the last 20 years the relative importance
of the primary sector has declined. To be successful AEC requires natural
resources to make car parts and services provided by other businesses.
Consumer incomes are rising rapidly in Country X.
a Define 'primary sector.
[2]
b Identify two examples of services that a business such as AEC requires. [2]
c Outline two reasons why a business such as AEC could not be successful
without other firms providing natural resources.
[4]
d Explain two likely reasons why the relative importance of the primary
sector of Country X's economy has declined.
[6]
e A government minister in Country X recently said: “The secondary sector
of industry will always be more important than the tertiary sector to our
economy! Do you agree with this view? Justify your answer.
[6]

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Answers: 1

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