How are Businesses Classified? Henry Hoddinott Education Officers Assistant Somerset County Council The Primary Sector What is the Primary Sector? What Businesses are in this Sector? What is their type of Ownership? How big or small are they? The Secondary Sector What is the Secondary Sector? What Businesses are in this Sector? What is their type of Ownership? How big or small are they? The Tertiary Sector What is the Tertiary Sector? What Businesses are in this Sector? What is their type of Ownership? How big or small are they? Why Classify Businesses? We classify businesses because We can find out what they provide. The Government can manage them. In case any disasters occur. Growth and Decline of Sectors in the UK PrimarySecondary Tertiary Growth and Decline of Sectors in the UK Why have these changes occurred? Growth and Decline of Sectors in the UK Why have these changes occurred? Why the Decline in Primary Sector Businesses? Importation of raw materials has increased. Less manufacturing so less raw materials needed. Natural resources may be running out. Growth and Decline of Sectors in the UK Why have these changes occurred? Why the Decline in Secondary Sector Businesses? Importation of finished products has increased. Cheaper to manufacture the products abroad. Legislations and laws may have been passed Growth and Decline of Sectors in the UK Why have these changes occurred? Why the Rise in Tertiary Sector Businesses? Invention of new products. Government grants. Population increase Increase of Technology.