Question

1. Which economic activities come under primary sector? 2. What is Globalization?​

Answer 1

Answer:

1. The primary sector of the economy is the sector of an economy making direct use of natural resources. This includes agriculture, forestry and fishing, mining, and extraction of oil and gas.

2. Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology

Answer 2

Primary Sector:-

The primary sector of the economy is the sector of an economy making direct use of natural resources.

Example:-

• agriculture
• forestry
• fishing
• mining
• extraction of oil and gas.

Globalization:-

• In simple terms, globalization is the process by which people and goods move easily across borders.

• Principally, it's an economic concept – the integration of markets, trade and investments with few barriers to slow the flow of products and services between nations.