Question

All the 3 sectors of economy are interdependent explain their interdependence

Answer 1

Indian economy can be very broadly divided into three sectors, the primary sector, the secondary sector and the tertiary sector. Industries in each sector affect the industries in another sector in different ways, so it is difficult to write a specific answer. In general, this is how the sectors are interdependent:


•Primary sector: It is also called the Agriculture sector because all the products are obtained by the exploitation of natural resources like cotton, fruits and vegetables, coal and other minerals, wood, milk etc. 

•Secondary sector: This sector is also called the Industrial Sector because it covers activities in which natural products obtained from the primary sector are changed into other forms through manufacturing or processing or any other industrial activity.

•Tertiary Sector
___________
When the activity involves providing intangible goods like services then this is part of

the tertiary sector. Financial services, management consultancy, telephony and IT

are good examples of service sector