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SingaporeBusiness StudiesQuick questions
Understanding Business Activity
Quick questions on Classification of business activity explained: O-Level Business Studies
5short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is the three sectors of production?Show answer
All business activity falls into one of three sectors:
What is the chain of production?Show answer
The sectors are linked in a chain of production: the output of one stage becomes the input of the next, adding value at each step.
What is q1?Show answer
Identify the sector of each business: a gold mine, a smartphone assembly plant, and a travel agency. [3 marks]
What is q2?Show answer
Explain what is meant by the chain of production. [2 marks]
What is q3?Show answer
Analyse why the tertiary sector tends to grow as a country becomes wealthier. [4 marks]
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