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IGCSE Economics 0455 · Microeconomic decision makers · 11

0455.3.5.1 — classification of firms In terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms. Note: deta: past paper questions

13 real questionsasked in 4 of the last 10 exam series2019–2027usually: Discuss, Define, Identify, Analyse, State

Real questions on 0455.3.5.1 — classification of firms in terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms. note: deta

The newest 13 of 13 written questions. Open one to see it on the real paper.

  1. 0455/02 · Specimen 2027 · Q4c[6]

    Analyse two reasons why fewer people may have decided to become teachers.

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  2. 0455/22 · May/June 2026 · Q1g[6]

    Discuss whether or not workers would benefit from moving from the public sector to the private sector.

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  3. 0455/21 · May/June 2024 · Q4a[2]

    Define tertiary sector using an example apart from healthcare.

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  4. 0455/22 · February/March 2024 · Q2a[2]

    Identify two benefits people may gain from a good education.

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  5. 0455/22 · February/March 2023 · Q2a[2]

    Identify two reasons why people become entrepreneurs.

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  6. 0455/22 · May/June 2022 · Q1g[6]

    whether or not enterprise is likely to have increased in New Zealand after 2019.

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  7. 0455/21 · October/November 2020 · Q3a[2]

    two sectors, other than the primary sector, in an economy.

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  8. 0455/21 · October/November 2020 · Q3d[8]

    whether or not the growth of the primary sector is beneficial to a country.

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  9. 0455/21 · October/November 2019 · Q1g[5]

    Discuss the advantages and disadvantages of a city having a large tertiary sector.

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  10. 0455/21 · October/November 2019 · Q2a[2]

    Define industry.

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  11. 0455/23 · October/November 2019 · Q1a[2]

    Identify, from the extract, two primary sector industries.

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  12. 0455/23 · October/November 2019 · Q6d[8]

    Discuss whether most people would prefer to work for a multinational company (MNC) or a sole trader.

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  13. 0455/21 · May/June 2019 · Q4d[8]

    Discuss whether or not consumers would benefit from a firm changing from being a public limited company to a public corporation (state-owned enterprise).

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What examiners said

Candidates showed a good awareness of what motivates people to become entrepreneurs. The two most popular reasons identified were to earn a profit and to be independent.

— Examiner report, February/March 2023, 0455/22 Q2(a) (Cambridge)

Most candidates revealed a good understanding of the nature of enterprise. Many drew on the source material in an intelligent way and examined a number of reasons both why enterprise may have increased in New Zealand after 2019 and why it might not have done so. There were some particularly good comments linked to changes in government spending, possible tax changes, improvement in education and i...

— Examiner report, May/June 2022, 0455/22 Q1(g) (Cambridge)

The best answers were those which discussed both sides equally. Most candidates were able to discuss how a large tertiary sector could generate economic growth and employment. Fewer candidates were able to discuss the disadvantages. Strong candidates were able to show that a large tertiary sector is likely to lead to congestion and housing problems, rather than pollution from factories.

— Examiner report, October/November 2019, 0455/21 Q1(g) (Cambridge)

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0455.3.5.1 — classification of firms In terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms. Note: deta — IGCSE Economics 0455 past paper questions | AssessPro