This material on Business Classification is guaranteed to engage your students as they not only understand the features of various business sectors but also become aware of the relative importance of different sectors in different economies over time. A 19 slide ppt with questions and a series of multiple choice questions to entrench concepts are provided.
At the completion of this lesson, all students should be able to:
• Classify businesses into relevant business sectors
• Understand the different methods of classifying businesses
• Understand the difference between a developing economy and a developed economy.
• Understand the relative importance of business sectors in different economies
• Identify the changes in economic structure of different economies
• Understand the changes in different economies
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