7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Ch 2 Classification of businesses

Moderators: Salman Khalid, Syed Mustafa Ali

Maham fatima
Enterprise Emperor
Posts: 102
Joined: Mon Oct 23, 2023 11:08 pm

Re: 7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Post by Maham fatima »

[KN] Lack of natural resources (land)
[an] If natural resources in an economy start depleting, a country may shift to secondary sector to start the process of conversion of resources
[an] as a result an economy may develop and become more competitive in international market


[KN] Availability of finance
[an] if a country has more investment spending, this means more money can be spent on capital which can help to produce high output.
[an] therefore in order to achieve economic growth,an economy may shift from primary to secondary sector.
Sarah Shahzad
Wealth Wizard
Posts: 39
Joined: Mon Oct 23, 2023 8:46 pm

Re: 7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Post by Sarah Shahzad »

(Kn) More manufacturing required (an) cop increases and prices can be increased due to value added too hence total revenue increases (an+) therefore businesses can re invest which can increase GDP.

(Kn) demand (an) demand may change for produced or manufactured products (secondary sector) (an+) hence most businesses will shift to cater the demand and earn larger revenue.
Humzah Zafar
Trade Titan
Posts: 77
Joined: Mon Oct 23, 2023 7:17 pm
Been thanked: 1 time

Re: 7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Post by Humzah Zafar »

[KN] Increased Productivity
[AN] Machinery is used in secondary sector which means less mistakes will be made in the production process
[AN+]Higher efficiency

[KN]job opportunities created
[AN]as a business shifts towards secondary sector more jobs are created
[AN+]This leads to higher employment and people's standard of living increases
Soha Hussain
Wealth Wizard
Posts: 46
Joined: Mon Oct 23, 2023 6:09 pm
Location: Pakistan
Been thanked: 1 time

Re: 7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Post by Soha Hussain »

Q7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

[KN]for an increase in employment/job opportunities
[AN]as there is an increase factories in the secondary sector, there is also a rise in the demand for capital at the same time as labor (mostly to operate them, look over and record finance, etc stuff that machines can't replace for yet)
[AN+]thus unemployment falls/employment rises along with incomes, purchasing power, and further improvement in SoL's

[KN]For an increase in productivity
[AN]as the secondary sector is more capital-intensive, production processes are more efficient, leading to premium quality and quantity of output (an increase in productivity)
[AN+]due to this, incomes rise, increasing purchasing powers and improving SoL's
Sir Afzal Shad
Grand Commerce Guru
Posts: 305
Joined: Sun Oct 22, 2023 10:10 pm
Has thanked: 19 times
Been thanked: 2 times

Re: 7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Post by Sir Afzal Shad »

Kumail Alvi wrote: Thu Oct 26, 2023 9:36 pm [KN]Job Creation
[AN]The secondary sector typically requires more labor than the primary sector.
[AN+]The expansion of secondary sector activities can lead to job creation, reducing unemployment and poverty, and improving overall living standards in a country.

[KN]Increased Value Addition
[AN]The secondary sector allows for more value addition to raw materials obtained from the primary sector.
[AN+] By processing, refining, and manufacturing products from raw materials, businesses can charge a higher price for the finished goods, which can lead to increased profitability and economic growth.
Section 1 needs to be revamped. 2nd AN is repeating the KN and AN+ isn't justifying the point well.
Sir Afzal Shad
Grand Commerce Guru
Posts: 305
Joined: Sun Oct 22, 2023 10:10 pm
Has thanked: 19 times
Been thanked: 2 times

Re: 7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Post by Sir Afzal Shad »

Syed Mustafa Ali wrote: Thu Oct 26, 2023 10:08 pm [KN]Increase in Employment
[AN]The secondary sector typically requires more labor than the primary sector.
[AN+]The expansion of secondary sector can lead to more jobs being created and so reducing unemployment and poverty, and improving the people's living standard.
[KN] Increased Productivity
[AN] The secondary sector often involves mechanised and efficient production processes, leading to increased productivity.
[AN+] This can lead to higher productivity/output, reduced labour force pressure in the primary sector and so increase incomes of people.
AN1 is the repeating statement of KN1.
AN2 is the repeating statement of KN2.
hafsa kashif
Grand Commerce Guru
Posts: 156
Joined: Mon Oct 23, 2023 5:36 pm

Re: 7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Post by hafsa kashif »

[KN]decrease un employment
[AN]The secondary sector typically is more labor intensive then primary sector
[AN+]Thus expansion of secondary sector can lead to more jobs being created and so reducing poverty and improving the people's SOL
[KN] Increased Productivity
[AN] The secondary sector often involves mechanized and efficient production processes, leading to increased productivity.
[AN+] This can lead to higher productivity/output, reduced labor force pressure in the primary sector and so increase incomes of people.
Abbas17
Trade Titan
Posts: 84
Joined: Mon Oct 23, 2023 3:19 pm

Re: 7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Post by Abbas17 »

[KN] it helps create jobs which icreases employment
[AN] the secondary sector would need more labour force to manufacture products
[AN+] this would give workers the ability to improve their living standards

[KN]it provides international trade options
[AN] this would improve the economies balance of trade and currency
[AN+] this results in economic growth.
Hussain Asghar
Trade Titan
Posts: 86
Joined: Mon Oct 23, 2023 7:23 pm
Been thanked: 1 time

Re: 7 Analyse the reasons of shifting a focus from primary to secondary sectors. [6]

Post by Hussain Asghar »

[KN] Manufactured goods of high value
[AN] Secondary sector producing products like cars have a higher value than crops of primary Sector
[AN+] To cash in this value addition and gather more profits, there is a shift to the secondary sector

[KN] Increases employment opportunities
[AN] With an increase in factories there will also be an increase in demand for labour
[AN+] This will increase employment in the country as more and kore people will find jobs and improve their standard of living
Post Reply

Return to “Ch 2 Classification of businesses”