1. C20: Categories of industry
The four factors of production/raw materials
Sectors of the economy
Problems of Agri-Business
How to improve secondary sector
Industries contribution to the Irish Economy
Recognise the importance of indigenous firms
Trends and importance of different sectors not covered in great detail.

2. The four factors of production
Land : mineral wealth, water, timber,coal, gas
Labour : human element in the production process
Capital: things man made e.g machinery, premises etc.. financed by shares,borrowings, or retained earnings/profits
Enterprise/Entrepreneur: person to set everything up.

3. Sectors of the Economy The Primary sector Agriculture: milk and beef
raw material extractive industries from land and sea e.g fruit, oil
Agriculture: milk and beef
Forestry: Collite state forest parks
Fishing: 16,000 people in Ireland
Mining: lead, zinc, bog, gypsum, anthracite
Most of above products get processed in the secondary sector

4. Explain the factors of production and the primary sector?

5. Problems of the Agri- Business Sector
Irish market is small - exports
Multiples: Retailers like Tesco hold the power these days - prices and costs
E.U: Deregulation allows takeovers of Irish firms
Irish whiskey now owned by Pernod Ricard
Innovative products e.g mars ice cream bars
Consumers changing needs and wants

6. The Secondary Sector Manufacturing and construction sector
Agri-business: 38% of country income. Processing of Irish food beef, milk, beer etc.
Transnationals: discussed already
Indigenous firms:
set up in Ireland by Irish people
drives Irish economy, helped by enterprise Ireland, new skills followed, need to export to survive
loyalty to Ireland and sponsorships???

7. How can the Secondary Sector improve?
Quality, Efficiency, Innovation and Design
Marketing, R and D, Export, WCM
World Class Manufacturing includes
TQM Total Quality Management
Empowerment of workers
Quality processes

8. Quests What are the probs of the agri business sector?
Explain secondary sector?
How can we improve it?

9. The Tertiary Sector
Services sector for home, industry and the primary sector. E.g. legal, accounting, financial, marketing, I.T, telecommunications and management services

10. Trends or changes EU- land to forest
Organic foods. Information Technology/Communications and globalisation
Over reliance on the construction industry and now huge debts.
High wages and cost of doing business here is driving jobs to cheaper countries
More robots and computers
Large retailer e.g Tesco holding the power.
Exports holding there own. Also, IFSC (Irish Financial Services Sector) holds half the worlds banks and deals with investments over 500b euro.

11. Conclusion
Sectors of the economy are primary, secondary, tertiary, agri business and quaternary(Tech sector).
There are four factors of production land, labour, enterprise and capital.
Problems with agri-business consolidation, exports, consumers needs, deregulation and innovations.
The sec sector can improve quality, efficiency, innovation, marketing, R&D, Exports, Technology and new Management Techniques.
Trends in business

12. Quests Four factor of production are??
The sectors of the economy are???
What are the problems with Agri-business?
How can our secondary industries improve?
How do industries contribute to the Irish economy?
Why are indigenous firms important?
What are the changing trends in all sectors?