Distinguish between 'secondary' and 'tertiary' sectors.
Answers
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Secondary sector ----
The primary sector deals with the utilisation of natural resources such as mining, fishing, cultivation etc.
The secondary sector uses the products of the primary sector as raw materials for their production.
This sector is also called the agriculture and related sector as most of the natural products are obtained from agriculture, dairy, fishing and forestry.
As manufacturing and processing of raw materials takes place in this sector, this sector is also known as the industrial sector.
These products form the base for the secondary sector.
The finished products of this sector directly reach the consumers.
Tertiary sector ---
It includes service industry and it holds the highest importance among all sectors.
The tertiary sector of economy involves the provision of services to business as well as final consumers. ...
The tertiary sectors account for 51% of the GDP.
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Secondary sector :- It includes all activities that is concerned with the processing materials which have already been extracted at primary stage.
E.g. Mining of iron ore is primary sector but manufacturing of steel is secondary sector.
Tertiary sector :- It is concerned with sector which provide service and support to primary & secondary sector.
E.g. Transport, Insurance, Banking.
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