compare primary ,secondary and teritiary sector
Answers
Answer:
Primary Sector :
(i) It is known as agriculture and allied services sector.
(ii) This sector produce goods and services by exploiting natural resources.
(iii) This sector is unorganized and use traditional techniques.
(iv) Activities related to agriculture, forestry fishing, mining and animal husbandry are included in this sector.
(v) This sector continue to be the largest employer in most of the developing nations like that of India.
Secondary Sector :
(i) It is known as manufacturing sector.
(ii) This sector transforms one good into another by creating more utility from it.
(iii) it is organised sector and use better techniques.
(iv) It includes manufacturing units, small scale units, large firms, big corporates and multinational corporations.
(v) This sector has failed to provide employment to the surplus workers of primary sector.
Tertiary sector:
(i) it is known as service sector.
(ii) This sector provides useful services to primary and secondary sectors for these functioning of their working.
(iii) it is organised sector and use better techniques.
(iv) Services related to banking, insurance, trade and communication come in this sector.
(v) This sector's sharing in the employment is increasing.
hope it helps u.
Answer:
The primary, secondary and tertiary sectors represent various business types and the goods they procure and sell in an economic setup. Each sector is interdependent on the other so that the economy as a whole functions properly and efficiently.
The primary, secondary and tertiary sectors represent various business types and the goods they procure and sell in an economic setup. Each sector is interdependent on the other so that the economy as a whole functions properly and efficiently.The primary sector is where the materials for the secondary sector are gathered. In the secondary sector, the product is then made into consumable item(s) which is then distributed by the tertiary sector.
The primary, secondary and tertiary sectors represent various business types and the goods they procure and sell in an economic setup. Each sector is interdependent on the other so that the economy as a whole functions properly and efficiently.The primary sector is where the materials for the secondary sector are gathered. In the secondary sector, the product is then made into consumable item(s) which is then distributed by the tertiary sector. Economists such as AGB Fisher and Colin Clark were the supporters of these models in the early 20th century.