Compare and contrast the three sectors of the Indian Economy.
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Explanation:
Primary Sector : Activities undertaken by using natural resources, e.g., forestry, agriculture, fishing, etc.
Secondary Sector : Activities includes various manufacturing activities and adds utility to primary sector, e.g., Cotton-cloths, iron ore-Steel, etc.
Tertiary Sector : Includes all such activities which supports primary and secondary sector by providing services, e.g., transportation, etc....
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There are three sectors in the Indian economy namely the primary, secondary and tertiary.
- Primary Sector : A primary sector includes the activities carried out by employing various natural resources, such as agriculture, fishing, forests etc.
- Secondary Sector : A secondary sector includes certain manufacturing activities that add a utility to the primary sector. For example, iron ore- steel, cotton or silk - clothes.
- Tertiary Sector : A tertiary sector Includes all those activities that support both the primary and secondary sector by providing its services. For example - transportation, schools and restraunts etc
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