Explain the three sectors of economy in India briefly.
Answers
Answer:
PRIMARY - THE SECTOR WHICH IS RESPONSIBLE FOR PRODUCTION OF RAW MATERIALS IS THIS SECTOR. IT INVOLVES AGRICULTURE,MINING,FISHERY ETC.
SECONDARY-THE SECTOR WHICH PROCESSES OR MODIFIES OR CONVERTS RAW MATERIAL INTO FINISHED PRODUCTS IS SECONDARY SECTOR. THIS INVOLVES ALL TYPES OF INDUSTRIES.
TERTIARY- THE SECTOR WHICH PROVIDES SERVICE IS CALLED TERTIARY SECTOR. IT INVOLVES BANKING,SHOPS,INSURANCE,TRANSPORTATION WHICH GIVES IDEA ABOUT FINISHED PRODUCTS AND THEIR USE.
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Explanation:
primary - the sector which is responsible for production of raw materials is this sector. it involves agriculture,mining,fishery etc.
secondary-the sector which processes or modifies or converts raw material into finished products is secondary sector. this involves all types of industries.
tertiary- the sector which provides service is called tertiary sector. it involves banking,shops,insurance,transportation which gives idea about finished products and their use.