Classify the economic sectorson the basis of nature of activites
Mention the main feature of each.?
Answers
Answer:
Classification of economic sectors on the basis of nature of activities are as follows :i Primary sector: When we produce goods by exploiting natural resources it is an activity of the primary sector such as agriculture dairy farming fishing forestry.ii Secondary sector: In this natural products are changed into other forms through manufacturing that we associate with industrial activity. The product is not produced by nature but has to be made and therefore some process of manufacturing is essential. For example using cotton fibre from the plant we spin yarn and weave cloth.iii Tertiary sector: It helps in the development of the primary and secondary sectors. They provide aid or a support for the production process. Transport storage communication banking trade are some examples of tertiary activities.
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