Question

Explain the three types of sectors with examples

Answer 1

Answer

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The three types of sectors are as follows :-

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•Primary sector :-

All production units producing goods by exploiting natural resources. - sub-soil, asset, water, climate etc. are grouped into primary sector. These include agriculture, animal husbandry, forestry, fishing, mining .

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•Secondry sector :-

These sectors convert raw materials into finished products like sugarcane into sugar, components parts, wood, plastic.

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•Tertiary Sector :-

All production units that are engaged in production of services are grouped in tertiary sector. These include production units engaged in production services like, communication, trade,finance,health.

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