BUSINESS STRUCTURE AS Business Studies. Classifications of Business... How have the Sectors changed over time? Industrialisation and Deindustrialisation.

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BUSINESS STRUCTURE AS Business Studies

Classifications of Business... How have the Sectors changed over time? Industrialisation and Deindustrialisation Why have they changed? How is each Sector measured? Unemployment levels Output

Increase in Secondary Sector... Benefits? GDP increases – raising the standards of living Lower imports and higher exports Increased employment Tax to the government “Value added” to the country’s raw materials

Increase in Secondary Sector... Problems? Movement of people – housing and social effects Imports of raw materials (import costs/effects on the Primary sector!) Multi National company domination

Classifications of Business... Page 18 – Table Look at the figures Interpret what is happening in each country. Give your reasons for the differences (you can make assumptions! For each country, how do you think the trends will change in the future? Justify your answers!

PRIVATISATION SELLING STATE OWNED AND CONTROLLED BUSINESS ORGANISATIONS TO INVESTORS IN THE PRIVATE SECTOR Public-Private Partnerships (PPP) Government Funded (Privately run and controlled) Private-sector funded (State run and controlled – leased by a private organisation – eg private hospital)

Public and Private Sectors What is the difference? Who controls what? Mixed Economy... economic resource owned and run by Public and Private organisations Free-Market Economy... small Public Sectors – very little state intervention Command Economy.... small Private Sector – owned, planned and controlled by the State

Private v’s Public... Selling off NZ Public Assets From the 2 programmes you are about to watch... Take anything down regarding the pro’s and con’s of NZ selling off her assets... The information in the articles will also help you make a few judgements!

Public and Private Sectors What are the BENEFITS to privatisation? What are the PROBLEMS to a company being privatised? 2 mins. to discuss and draft something... BENEFITSPROBLEMS

PRIVATISATION OF ASSETS Do you consider the part sale of SOE’s (State Owned Enterprises) to be a good idea? Put together your argument for and against privatisation. Intro – what is the essay about – what is privatisation? JUSTIFY your argument points... However... Consequently... On the other hand... Evidence suggests that... (research!!!) CONCLUDE by summing up what has been said !!!