Question

define sectors of economic activities define it .​

Answer 1

One classical breakdown of economic activity distinguishes three sectors: Primary: involves the retrieval and production of raw materials, such as corn, coal, wood and iron. Secondary: involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing.

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Answer 2

★ Sectors Of Economic Activities ★

➤ All activities that give an income in return are called economic activities.

• Example - people going for work in factories, banks, schools, etc.

➤ Economic activities can be classified into different sectors on the basis of nature of work .

↬ Primary sector :- Goods which are produced by exploiting natural resources come under the category of primary sector. This sector is also called agriculture and related sector .

• Example :- cotton which is a natural product.

↬ Secondary sector :- Transformation of one good into another comes under the category of secondary sector .

Manufacturing is one of the important components of this sector.

• Example - Transformation of sugarcane into sugar.

↬ Tertiary sector :- All production units producing services which help in the development of primary and secondary sectors come under the category of tertiary sector. This is also known as service sector .

• Example - Services given by doctors, teachers, lawyers etc.

Note :-

These three sectors are highly interdependent on one another. This can be explain with the help of an example :

Farmer buy goods such as tractors, pumpsets, fertilizers (manufacturing sector) to produce agricultural goods (primary sector). This shows dependence of primary sector on secondary sector.

Now farmer want to sell their $outputs$.

For this, they need transport facilities.It shows dependence of primary sector on tertiary sector.