Define the primary,secondary and tertiary sectors of economy.
Answers
Answer:
The sectors all work together to create an economic chain of production.
The sectors all work together to create an economic chain of production. The primary sector gathers the raw materials,
The sectors all work together to create an economic chain of production. The primary sector gathers the raw materials, the secondary sector puts the raw materials to use,
The sectors all work together to create an economic chain of production. The primary sector gathers the raw materials, the secondary sector puts the raw materials to use, and the tertiary sector sells and supports the activities of the other two.
Answer:
Explanation:
The sectors of the Indian economy are:
(i) Primary sector: When a good is produced by exploiting natural resources, it is an activity of the primary sector.
(ii) Secondary sector: The secondary sector covers activities in which natural products are changed into other forms through ways of manufacturing that are associated with industrial activity.
(iii) Tertiary sector: This sector helps in the development of the primary and secondary sectors. This is also called 'Service sector' as it also includes some essential services that may not directly help in the production of goods.