Compare areas of growth or decline in the primary, secondary and tertiary classifications of business activities.
M2 – National growth or decline in the primary, secondary and tertiary classification of business activities.
UK has a small proportion of people working in the primary industry. The machinery in the UK has taken over many jobs in the primary sector and tertiary sector is still growing in the UK.
The increase of the machinery use, increasing use of chemical fertilisers has made a huge decease in employment in the primary sector. UK environment has also suffered since 1945 the UK has lost 95% of its wildflowers, 30% of ancient woodland, 60% of lowland heath land, 140,000 miles of hedgerows and 50% of lowland fens, valleys
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M2 - Local (Bucks) growth or decline in the primary, secondary and tertiary classification of business activities.
Employment in 2001 in the primary sector was only 1.58% people who had jobs in the primary sector. There was also been a drop of 20% in the agriculture labour since 1990. Agriculture is just worth over 0.5% of the country’s gross value added. The biggest changed which has been made is that the majority of bucks farmers are over 45 which are nearly 75%of them with close to one third of them being over the traditional retirement age which is 65 and also 30% of the farmers indicted that they would retire within the 10 next year. Also 33% of the farmer’s suggest that they would sell their farm when they reach near retirement age rather than have a family member continue the farm.
Employment in secondary sector has also decreased which means there was no growth in the secondary sector. Secondary sector is similar to the primary sector because these both sectors have declined.
Employment in the tertiary sector has been increased. The change which was made to this sector was that this business sector is gone up 0.1% compared in 2011 august which shows that the growth has been made. On the other hand it also shows how primary and secondary sector both have decrease and has made no
Over the years agriculture has nearly diminished from the workforce. Why is this happening? In fact, ever since the Industrial Revolution’s promises of “big city success” agriculture has taken a hit. Agriculture has been a foundation for the infrastructure of the United States since it’s creation. Agricultural careers are a necessity for the nation. It is important through the history, from whom it affects, the effects on the environment and people, and to find a solution to the loss of this core element.
This article written in the Texas Agriculture, a magazine published by the Texas Farm Bureau, is about all the factors impacting farmers that effect their income. Over the past couple years, a combination of things has caused the average Texas farmers income to drop. The primary audience for this article is the farmers in Texas as they are experiencing these issues first hand. The secondary audience would be consumers who have noticed price fluctuations in products at the store and are wondering the reason.
The agriculture industry is not only the largest industry within our state, but also within our nation. However, in recent years it has also been one of the most heavily criticized. This has led to a ‘brain drain’ in rural America as more people decide to leave our industry and their family farms.
1) What are some of the factors causing the problems in measuring performance in the Southeast Asia sector?
Small business are said to be the backbone of the United States economy. It said that small businesses contribute to growth and vitality in the specific area of the United States economic development. Small businesses play a huge role in how the business world is shaped. Entrepreneurs are smart, creative and innovative however, those same entrepreneurs need to have some knowledge that the study of microeconomics focuses on. With the study of microeconomics, their product or future business will succeed in an economic view point.
(iii) Decreasing financial rate. The financial rate is less and less year after year. It is a problem for the company. (iv)Too many fields Dobbies refers to. There are many fields Dobbies has its business on. Dobbies' main activity is horticulture, but it also stretch to foods, restaurant, ect. It will bring the company more risks.
Small businesses are the backbone of national economy and play a leading role in innovations as well as in creating jobs. Small business has the intrinsic needs to growth. Obvious contributions of the growth of small businesses include the increased return on investment and job creation. The interesting and valuable question is how small business grows and are all small businesses growing? It is no surprise that the growth of business is a core topic both in organization theory and entrepreneurship, both are interested in the process and causes of business growth. Stages of growth models, which assume that business go through some distinct stages from birth to maturity, have been the most popular theoretical approach in academic to understand small business growth. Although the stages model of growth has been criticized for being too sequential and linear which is unrealistic and inconsistent with empirical evidence (e.g. Phelps et al., 2007; Levie and Lichtenstein 2010), various new stages models of business growth have been developed since the 1960s.
Growing up on a small family wheat farm in southwestern Oklahoma, I have experienced the harsh conditions of farming firsthand. The job that used to employ the largest amount of people in the United States has lost the support and the respect of the American people. The Jeffersonian Ideal of a nation of farmers has been tossed aside to be replaced by a nation of white-collar workers. The family farm is under attack and it is not being protected. The family farm can help the United States economically by creating jobs in a time when many cannot afford the food in the stores. The family farm can help prevent the degradation of the environment by creating a mutually beneficial relationship between the people producing the food and nature. The family farm is the answer to many of the tough questions facing the United States today, but these small farms are going bankrupt all too often. The government’s policy on farming is the largest factor in what farms succeed, but simple economics, large corporations, and society as a whole influence the decline in family farms; small changes in these areas will help break up the huge corporate farms, keeping the small family farm afloat.
P1 – Explain the effects of changes in the economic environment on a selected business.
Individual growth which can be investing in people, learning opportunities through training programs and career opportunities through new jobs and promotion.
Evaluate the impact of changes in the economic environment on a selected business – D1
The agriculture field is one of the biggest employers, employing over 155 million people in the United States. What do you think about when you hear the word “agriculture?” Many people would say farming, but this is not the most common occupation in this field. Farmers make up a fraction of the agricultural jobs at 900,000, but over 2.1 million people own, rent, and claim farming as a primary source of income. The average farm size has dropped from 460 acres in 1990 to 418 acres in 2007, while the average age of this occupation rose to 57, making this one of the older workforces in the United States.
The first is the great need for small businesses for future economic growth, locally and internationally. There is a tremendous need for small business to keep up with technological advances and environmental changes. Small business can innovate and create new jobs at a faster rate than their larger competitors. Unfortunately, living in times of high crime, recurrent
Before the Industrial Revolution, Great Britain’s economy relied heavily on agriculture, which at that point of time was based a flawed system dating back to the Middle Ages. This system, known as the open field system, showed agricultural inefficiencies, and was disallowing of innovation. These inefficiencies eventually led to the privatization of land for agriculture, in an effort to solve what is now commonly referred to as “the tragedy of the commons”. Great Britain was now moving forward, and as the country (and continent) began enclosing their land, Britain began a period of modernization, with new technologies that would increase productivity in industry to a level never before seen. This is the period commonly referred to as the Industrial Revolution, and was an era of unprecedented growth in industry from the middle of the 18th century until around the middle of the 19th century. In 1760, 53% of the British population worked in agriculture. By 1840, that had dropped to 29%. The evolution from water and wind power to steam engines, as well as the creation of many pieces of machinery for the textile industry (such as the Spinning Jenny, which reduced the production time on yarn) vastly improved British manufacturing of goods, and the reliance on agriculture continued to drop. The development from an agricultural focus
Refer to ENDESA¡¦s current business strategy. In what primary economic activity is ENDESA engaged? (HINT: the primary economic activity is not the generation and sale of electricity or related activities). Why is it necessary to understand the strategy and primary economic activity in order to manage ENDESA¡¦s financial activities?