explain sectors of economy on basis of employment and nature
Answers
Explanation:
Classification of economic sectors on the basis of nature of activities are as follows: (i) Primary sector : When we produce goods by exploiting natural resources, it is an activity of the primary sector, such as agriculture, dairy farming, fishing, forestry. ... They provide aid or a support for the production process.
ANSWER :
WE can classify the economic sector on the basis of nature of activities in three sectors, namely, Primary, Secondaiy and Tertiary sector.
The product we get from the nature belongs to primary sector as agriculture.
The manufacturing sector where the goods are produced can be classified as secondary sector (Products that are manufactured and are atleast - partly artificial / man made material).
The service sector can be classified as Tertiary sector (Products that are not goods but are services rendered by people either to others or for production (engineering, transport, banking etc.).
ON THE BASIS OF EMPLOYMENT:
The organised sector is one that is incorporated with the appropriate authority or government and follow its rules and regulations. On the contrary, the unorganised sector can be understood as the sector, which is not incorporated with the government and thus, no rules are required to be followed.
Hope this helps....