discuss briefly the reasons behind low production by primary sector besides having the largest portion of the working population in it.
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Answer:
Explanation:
The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, forestry, fishing and mining. The primary sector tends to make up a larger portion of the economy in which provides employment to around 50% of our population. primary sector has a large share in the Indian national Income. provides basic necessities of our life. provides raw materials to the secondary sector(Industries).The primary, secondary and tertiary sectors have fallen under intense pressure in the past few years. This is due to the global recession that has effected billions of people rich or poor. It started with the tertiary sector, banks were lending too much money that they couldn't pay back resulting in more lending which could be described as stretching a piece of gum, once it stretched too far the gum broke have a "ripple" effect on the other sectors. The first to be hit was the primary sector, many farms and mining industry's closed down because tertiary companies like supermarkets had less money to pay farmers enough money to make a living. leaving thousands unemployed and with businesses closing down all around them it made it hard to find jobs again. This left the secondary sector struggling.
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