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Business Studies

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  • Capital
    The money invested into a business by the owners
  • The tertiary sector
    It provides services to consumer and the other sectors of industry
  • The secondary sector
    It manufactures goods using the raw materials provided by the primary sector.
  • The Primary Sector
    It extracts and uses the natural resources of Earth to produce raw materials used by other businesses
  • A mixed economy
    It has both a private sector and a public (state) sector
  • Businesses owned by private individuals
    Private Sector
  • Processing manufacturing
    Secondary Sector
  • Businesses owned by government or state agencies
    Public Sector
  • De-industrialisation
    It occurs when there is a decline in the important of the secondary, manufacturing sector of industry in a country.
  • Fishing, farming, extracting raw materials
    Primary Sector
  • Retailing, banking
    Tertiary Sector
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