Business 0450 · IGCSE · Economic issues

Economic issues — practice question

(a)[8]

Explain four reasons why the relative significance of the primary, secondary and tertiary sectors changes in a country.

(b)[12]

Consider the following three problems for FO as it grows by taking over other businesses. Which problem will FO find easiest to overcome? Justify your answer. The three problems are: - Greater difficulty in controlling the business - Lack of finance - Clash of business cultures

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Primary sector change - rises with the discovery of new natural resources / falls when natural resources are depleted

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