Unit 2. Classification of Business
The different stages of economic activities
The different stages of economic activities
BizTerm
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
De-industrialization
Mixed economy
Private sector
Public Sector
Privatization
Essential Questions
Outline the differences between the three sectors of economic/business activity
Distinguish the importance importance of economic sectors between developing and developed countries
Analyze some reasons for changes in sector importance over time
Explain the differences between the private sector and public sector in mixed economies
Evaluate the arguments for and against privatization
Lesson Resources
Lesson Resources
Read: IGCSE Textbook Unit 2 Pages 11-19
Read: IGCSE Textbook Unit 2 Pages 11-19