Ade’s Engineering Company(AEC) makes parts for cars and trucks. These are sold to car manufacturers in many countries. The parts include metal brake components and rubber seals to fit around windows. AEC operates in Country X, which until a few years ago, had an economy dominated by agricultural and coal mining. Over the last 20 years, the relative importance of the primary sector has declined. To be successful, AEC required natural resources to make car parts and the services provided by the other businesses. Consumer incomes is rising rapidly in Country X.
5. A Government minister in Country X has recently said “The secondary sector of industry will always be more important than the tertiary sector to our economy”. Do you agree with this view? Justify your answer.