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Chapter 2 - Coggle Diagram
Chapter 2
stages:
Secondary
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Example: car manufacturing, bread baking, computer assembly,etc.
teriary
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Example: transport, banking, hotels, hair dressing, car showroom, etc.
Primary
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For example: carrot, coal, oil, copper ore,etc.
De-industrialisation
a decline in the importance of secondary, manufacturing sector of industry in a business.
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Mixed economy
Public sector
Businesses and organisations are controlled and owned by government. The government makes decisions about what to produce and how much to charge the customer..
E.g: Health, education, defense.
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Private sector
Business and organsations that are not controlled or owend by the government . These businesses will make their own decisions about what to produce
E.g: Restaurants, clothing stores.
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Which sector of industry is most importantan in your country?Usually the three sectors of the economy are compared by:
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