Question

Classify industries on the basis of their economic activities with examples

Answer 1

#Primary sector This sector of the economy which uses natural resources to produce goods natural factors play crucial role in the production process for example -fishing , foresty are included in this sector



#Secondary sector secondary sector also called manufacturing sector and industrial sector .The primary sector cannot satisfy all human requirement .We need certain industrial good to make our lives comfortable .The sector which transform one physical good into another is called secondary sector



#Tertiary sector Tertiary sector is also know as service sector .It includes trade , transport, communication and other services provided to the people employed in primary and secondary sector .These activities do not produce goods but they support the production process .They also help in the development of the primary and secondary sectors .These services increase the efficiency of production process and also provide the necessary information and knowledge . Tertiary occupation have becomes a synonym for develop countries .


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Answer 2

On the basis of economic activities, the economy of any country can be divided into three sectors.

1. Primary Sector:

Simply speaking primary sector refers to that sector of the economy which uses natural resource to produce goods.

2. Secondary Sector:

Secondary sector is also called as manufacturing sector or industrial sector. The primary sector cannot satisfy all human requirements. We need certain industrial goods to make our lives comfortable. The sector which transforms one physical good into another is called secondary sector. The manufacturing, electricity, gas, water supply etc. are included in this sector.

3. Tertiary Sector:

ADVERTISEMENTS:

The service sector of the economy is called tertiary sector. Services of various kinds like education, health, banking, insurance, trade and transport are included in this sector. In advanced countries, the contribution of tertiary sector to national income is the highest.