Brief description on sectors of Indian economy?
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Indian Economy. They are three sectors in the Indian economy, they are; primary economy, secondary economy, and tertiary economy. In terms of operations, the Indian economy is divided into organized and unorganized. While for ownership, it is divided into the public sector and the private sector.
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Brief description on sectors of Indian economy:
The 3 sectors of the Indian economy are:
1. Primary sector
2. Secondary Economy
3. Tertiary economy
- Primary sector consists of agriculture and mining, where goods are produced using natural resources like soil water, mines etc.
- The secondary sector utilises the goods of the primary economy as raw material and produces other goods.
- Tertiary sector helps in the growth of the 2 sectors primary and secondary. It will not produce any product by itself but is an aid for the manufacture process.
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