Question

0 ch.2 economic what are the primary, secondary, tertiary sector

Answer 1

The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and services (tertiary). It was developed by Allan Fisher, Colin Clark and Jean Fourastié.

Answer 2

Answer:

The primary sector of the economy is the sector of an economy making direct use of natural resources. This includes agriculture, forestry, fishing and mining. The primary sector is usually most important in less-developed countries, and typically less important in industrial countries.

Manufacturing and Industry sector known as the secondary sector, sometimes as the production sector, includes all branches of human activities that transform raw materials into products or goods. The secondary sector includes secondary processing of raw materials, food manufacturing, textile manufacturing and industry.

Tertiary sector is also called as the Service Sector.   It provides services to the primary and secondary sectors. These services include banking , transport , communication , storage facility for goods. So we can also consider the Tertiary sector as the Backbone of primary and secondary sectors . It helps in the functioning of the other sectors also.