Economy, asked by priyanitharwal13, 11 months ago

All economic activites that directly involve conversion of natural resources are classified under ?​

Answers

Answered by Anonymous
4

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they are classified under secondary sector...

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Answered by aprajitakumari85799
1

Answer:

three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and services (tertiary).[1] According to the model, the main focus of an economy's activity shifts from the primary, through the secondary and finally to the tertiary sector. Countries with a low per capita income are in an early state of development; the main part of their national income is achieved through production in the primary sector. Countries in a more advanced state of development, with a medium national income, generate their income mostly in the secondary sector. In highly developed countries with a high income, the tertiary sector dominates the total output of the economy. The model was developed by Allan Fisher,

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