classify the economic sector on the basis of nature of activities. mention the main feature each.
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WE can classify the economic sector on the basis of nature of activities in three sectors, namely, Primary, Secondaiy and Tertiary sector.
- The product we get from the nature belongs to primary sector as agriculture.
- The manufacturing sector where the goods are produced can be classified as secondary sector (Products that are manufactured and are atleast - partly artificial / man made material).
- The service sector can be classified as Tertiary sector (Products that are not goods but are services rendered by people either to others or for production (engineering, transport, banking etc.).
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Answer:
there are three types of sector -Primary sector, Secondary sector and Tertiary sector
Explanation:
Primary sector- they make raw materials
Secondary sector - the raw material which was made in primary sector. Manufactures in secondary sector
Tertiary sector - They transport the goods and products made in tertiary sector
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