Question

Classify the economic sector on the basis of nature of activity mention the main feature of each

Answer 1

Answer:

Three sectors

1) Agriculture sector

2)Manufacuring sector

3)service sector

Answer 2

Answer : On the basis of nature of activities, economic sectors are classified

into:

1. Primary Sector

2. Secondary Sector

3. Tertiary Sector

Primary sector forms the base for all other products that we subsequently  make. Since most of the natural products we get, are from agriculture,  dairy, fishing, forestry, this sector is also called sector for agriculture and  related activities (stone quarrying, animal husbandry, etc.)

Secondary sector covers activities in which natural products are changed  into other forms through ways of manufacturing. It can take place in a  factory, workshop or at home.

Examples:

(a) Spinning yam from cotton fibre from plants.

(b) Making sugar from sugarcane.

It is also called the Industrial sector

Tertiary sector - Activities in this sector do not produce any goods. This

sector produces services that act as aid and support to the Primary and

Secondary sectors. Services like administration, police, army, transport,

hospitals, educational institutions, post and telegraph, courts, municipal

corporation,insurance companies, storage, trade communication and

banking are some of the examples of activities of the Tertiary sector. This  sector is also known as the Service sector.