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Presentation transcript:

Group Assignment

Production is the process of using inputs(resources) to produce outputs(goods and services).

Primary production obtains materials provided by nature. The things obtained from primary production are called primary products. These include the products of……..

Farming Fishing Forestry Mining

Secondary Production People who work in secondary production produce goods from raw materials. Some build houses. Some make goods in factories. Making goods in factories is also called manufacturing. Examples of Secondary production……..

Manufacturing Construction Supply of electricity, gas & water

The activities of tertiary production are also called service activities, because they provide services for people. This includes work in ………..

Wholesaling Retailing Financing Insurance Business services Government offices

Specialisation It means that labour were divided to produced a good or part of the good. There are: Simple division of labour Complex division of labour Regional or international division of labour

Advantages of Specialisation Raising labour productivity Saving resources Improving the living standard

The quality and quantity of goods will increase after using specialisation. The labour can save time in training and operation. Mechanisation is good for raising the productivity.

Sandy Cheung(10) Wendy Ho(17) Fong Oi Lam (45) The End Sandy Cheung(10) Wendy Ho(17) Fong Oi Lam (45)