Question

Distinguish between primary, secondary and tertiary sector.

Answer 1

Answer:

The primary, secondary and tertiary sectors represent various business types and the goods they procure and sell in an economic setup. Each sector is interdependent on the other so that the economy as a whole functions properly and efficiently.

The primary sector is where the materials for the secondary sector are gathered. In the secondary sector, the product is then made into consumable item(s) which is then distributed by the tertiary sector.

Economists such as AGB Fisher and Colin Clark were the supporters of these models in the early 20th century

Answer 2

Each sector is interdependent on the other so that the economy as a whole functions properly and efficiently. The primary sector is where the materials for the secondary sector are gathered. In the secondary sector, the product is then made into consumable item(s) which is then distributed by the tertiary sector.