0 economics what is the criteria to decide primary secondary and tertiary sector
Answers
Primary sector:-
Obtaining raw materials
E.g. fishing ,agriculture
Secondary sector :-
Processing the raw materials into useful products. All industries come under this category cuz this is the industrial sector.
Primary sector :-
These Sector are directly dependent on environment as these refer to utilisation of earth's resources such as land, water, minerals etc.
Example :- Fishing, forestry, agriculture, mining and quarrying.
Secondary sector (Manufacturing sector ):-
Secondary sector add value to natural resources by transforming raw material into valuable products.
Example :- Industry
Tertiary sector (Service sector) :-
Tertiary sector include both production and exchange.The production involves the provision of services that are consumed.
Example :- Banking,communication transportation, teaching, nursing etc.