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The Growth and Decline in Different Countries

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The growth and decline in different countries

All countries have a variety of GDP’s, for their country in general and also their 3 different industry sectors, this accounts for whether the country and their sectors are in growth or decline. The countries that I will be discussing within this report are going to be South Africa, Brazil; both of these countries are going to be compare to the UK’s 3 industry sectors. These are 3 different countries with; 3 different economical situations, systems and backgrounds. The economy of South Africa, is the largest in Africa with 24% of its Gross Domestic Product (GDP) meaning it is ranked 29th in the international monetary. The economy of Brazil is the 6th largest according to the nominal GDP, and also expected to become 5th by the end of 2012. Its economy is the largest in Latin America nations, and second largest in the western hemisphere, whereas the UK’s economy has the 7th largest GDP also according to the nominal rank, meaning it has the 3rd largest GDP in Europe.

South Africa’s primary sector is in growth by 15%, which is contributed towards the countries general GDP. A majority of its primary sector activities is drawn, from gold mining and agriculture. Coal, gold, platinum, diamond, metal and minerals are most common things that are being mined for. Other types of agriculture activities going o within South Africa would be; forestry, fishing and quarrying, whereas Brazil earns its money for the primary sector from coffee beans, beef, tropical hardwood and oranges, it also owns 180,000 barrels of oil, all this concludes to Brazils primary sector being in growth. Both of these countries are much better of, compared to the UK's primary sector, as it is depleting. Majority of its primary sector is retrieved from; fishing, farming, oil, coal and most natural resources. One of the reasons contributing to the UK's depletion is due to machinery taking over the jobs, that us humans would do, hence why the primary sector only contributes 2% towards the UK's GDP.

Within the secondary sector of South Africa, they seem to be making a much better improvement than compared to their primary sector. Their average growth is around 0.5%. The secondary sector consists of companies operating in various areas and divisions within chemicals, commodity trading, construction of steel, forestry and paper. Brands such as BMW are soaring, with recognition worldwide, giving them the opportunity to also export their products to other countries, whereas on the other hand, Brazils secondary sector has been in Devine since 2010 by 7.5%. Products that are being produced within their secondary sector is mostly footwear and motor vehicles. This does not seem to be getting brazil very far with the economical status yet subsequently the UK's secondary sector has been in decline for the past 25 years. This also due to, machinery taking over jobs that humans would perform, and an increasing cost in labour. Yet the secondary sector does provide over 800,000 people with a job, and turnover of some £56 billion. Majority of the secondary sector work comes from motor industry, ship building and steel making, contributing 25% towards the countries GDP.

The final sector I will be discussing is the tertiary sector. South Africa's tertiary sector, is at a very low cost, and also endures an excellent climate. As it is lucky to be able to have such a supportive economy, it's tertiary sector is in growth by 3.1%. Barclay Bank, is the strongest financial bank within South Africa, yet all the things that South Africa's tertiary sector was able to achieve was due to it being supported by the government with 8.5 million. All of South Africa's sub-category's for it's tertiary sector are; Business (including professional and computer) services Communication services, Construction and engineering services, Distribution services, Educational services, Environmental services, Financial services, Health services, Tourism and, travel services, Recreational, cultural and sporting services Transport services and Other services. Brazil is in growth under the tertiary sector, with a mobile growth of 6.2% and most if it's come is being produced by contributing petrol, not only to its own country but also to others and in comparison to the UK, their tertiary sector is also in growth as this sector has contributed 73% towards the countries GDP, a more wider range of jobs are available as this is the more rapidly growing sector between the 3 of them. All of these countries have have their issues in certain sectors, yet they all produce a final GDP, which either proves the growth of decline of that country.

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