Question

Describe different sectors of economy...which sector is growing today and why

Answer 1

$\bold{ \mathfrak{ \color{blue}{primary \: ocupation}}}$

These Occupation are based on natural resources. For Example, Hunting , Collection of forest produce, animals rearing, Fishing, farming, agriculture and mining .

•
$\bold{ \mathfrak{ \color{yellow}{secondary \: occupation}}}$

These are the Occupation which transform primary goods which are directly useful to man .For Example manufacturing industrial,
Manufacturing Goods e.t.c

•
$\bold{ \mathfrak{ \color{green}{tertiary \: occupation}}}$

These are the Occupation that render the service. For Example:; teaching, railway, learning, saving, LIC funds e.t.c

Main difference in joint sector and private sector;-

•Better job opportunities

•Higher Wages

•Hope for better way of Life

•Better health insurance and facility

•Better Educational facilities

•Promotion of welfare of municipal employee