Question

distinguish between secondary and tertiary activities.

Answer 1

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(ii) Secondary Sector (or Industrial sector). It includes all activities which are concerned with the processing materials which have already been extracted at the primary stage, e.g., the mining of iron ore is primary industry, but manufacture of steel is secondary industry.

(iii) Tertiary Sector (or Service sector). It is concerned with providing support services to primary and secondary sector and includes transport, banking, insurance, warehousing, communication, advertising, etc. It facilitates smooth flow of goods and services in the economy. Importance of tertiary sector has been observed in the last decade and its contribution to GDP has also risen.

Answer 2

Answer:

Primary activities:-

1. It is that sector which exploit natural resources and produce

natural goods and services.

2. It is famously known as agriculture sector.

3. It includes Farming, Forestry, Fisheries, Mining, Animal husbandry

etc.

Secondary Sector :-

1. Secondary sector transforms natural goods into manufacturing

goods and creates more utility for human beings.

2. It is popularly known as industrial sesector.

3. It includes manufacturing unit, small medium and large units,

corporates and multinational corporations.

Tertiary sector:-

1. It provides useful services to primary and secondary sector.

2. it is also known as service sector.

3. it consists of transportation, banking, insurance, communication,

trade and Commerce.