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Global Development

Economic change, trade, aid and investment in the chosen country

  • 3 things to know
  • Paper 2

Overview

Primary, secondary, tertiary and quaternary sectors and how employment shifts between them, the benefits and drawbacks of industrial growth, exports, imports and trade surplus, changing trade and aid, public, private and foreign direct investment, and reliance on transnational corporations.

What you need to know

Answer each one before you reveal it.

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Key term

Which industries belong to the secondary sector?

Key term

Which kinds of job are counted in the tertiary sector?

Key term

Which activities form the quaternary sector?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What work makes up the primary sector of an economy?

    Model answer

    Growing or extracting raw materials, such as farming, fishing, forestry, mining and quarrying.

  2. 2

    Which industries belong to the secondary sector?

    Model answer

    Manufacturing and construction, where raw materials are processed into finished goods and structures.

  3. 3

    Which kinds of job are counted in the tertiary sector?

    Model answer

    Services provided to people and businesses, such as retail, transport, tourism, health and education.

  4. 4

    Which activities form the quaternary sector?

    Model answer

    Knowledge-based work such as research, software design and biotechnology.

  5. 5

    How does the balance of employment between sectors shift as a country develops?

    Model answer

    Workers move out of farming and mining into factories, then into services, and finally into research and other knowledge-based work.

  6. 6

    Give two benefits a growing manufacturing industry brings a developing country.

    Model answer

    It creates large numbers of paid jobs, and exports earn foreign currency that raises incomes and government tax revenue.

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