discuss the historical changes in the three economic sector
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As we look through the pages of history we can see that a few hundred years ago the Primary sector (Agricultural sector) was most predominant in the world.
Slowly as methods of farming improved and surplus food was produced man channelized his energy towards manufacturing of goods. Industries flourished and soon the Secondary sector gained prominence. The Agricultural sector also flourished due to the invention and manufacture of modern agricultural tools.
In this present era with the rising world population and rising income, the Tertiary sector (Service Sector) is gaining prominence. This is already evident in the developed nations and the change will soon be seen in the developing nations also.
Slowly as methods of farming improved and surplus food was produced man channelized his energy towards manufacturing of goods. Industries flourished and soon the Secondary sector gained prominence. The Agricultural sector also flourished due to the invention and manufacture of modern agricultural tools.
In this present era with the rising world population and rising income, the Tertiary sector (Service Sector) is gaining prominence. This is already evident in the developed nations and the change will soon be seen in the developing nations also.
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