Business Studies · Oct / Nov 2023 · Paper 12 · Question 3

Country X has a mixed economy with both private and public sector organisations. These organisations are involved in different sectors of economic activity. In the last 20 years the primary sector has become less important to country X’s economy. A summary of the changes is shown in Table 3.1. The government is planning to encourage multinational companies to set up factories in country X. Table 3.1 Economic sectors in country X as a percentage of GDP Year Primary Secondary Tertiary 2000 60% 15% 25% 2020 20% 30% 50%

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