JSK Construction Ltd is an Irish construction business currently building a new housing estate in Kildare - Leaving Cert Business - Question A - 2018

One other sector of the economy is the Primary Sector, which is concerned with the extraction of natural resources. An example of an occupation in this sector is a Farmer, who engages in agriculture.

1. Employment Generation: The construction of new homes will create job opportunities in the local area, directly benefiting the community.
2. Local Spending: As construction workers earn wages, they are likely to spend money in local businesses, boosting the local economy.

1. Access to EU Markets: Companies benefit from free trade with other EU member states, expanding their market access.
2. Low Corporation Tax (12.5%): Ireland's low corporate tax rate attracts multinational companies to set up operations, offering them a cost advantage.
3. English Speaking Workforce: Ireland has a highly skilled workforce that speaks English, facilitating business operations and international communication.

1. Fair Pricing: A business that pays fair prices to its suppliers ensures a sustainable and ethical supply chain.
2. Honesty in Advertising: Ensuring that all advertising is truthful and represents the product accurately helps maintain consumer trust.

Limited liability means that if a company goes bankrupt, the owners are only liable for the amount they invested in the business. They do not risk losing personal assets or money beyond their investment. This encourages investment and helps protect personal wealth.