Explain various sectors of the economy with suitable example
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Primary sector – extraction of raw materials – mining, fishing and agriculture. Secondary / manufacturing sector – concerned with producing finished goods, e.g. factories making toys, cars, food, and clothes. Service / 'tertiary' sector – concerned with offering intangible goods and services to consumers.
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Hello ❤️
There are three sectors in economy:
- Primary sector
- Secondary sector
- Tertiary Sector
Primary sector is also called agriculture related sector . Extraction of raw materials -mining , fishing and agriculture.
Secondary sector is also called industrial sector .It concerned with produncing finished goods .Ex-Factories making , toys ,cars, food.
Tertiary sector is also called service sector because it provides service .it is very important sector it plays very important role in development of county..
Shruti ❤️
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