Economy, asked by ishikapatidar9771, 1 year ago

Explained atleast five importance of secondary sector

Answers

Answered by aditisuyog
0

Secondary sector includes all branches of human activities that transform raw materials into finished products.

Importance of secondary sector :

  1. Contribution to GDP - Currently, it is contributing around 29.6 % of the Indian GDP (at current prices) in 2018-19.
  2. Employment Generation - This sector provides employment to almost half of the country's population.
  3. Provides Goods - Secondary sector involves production of goods by using raw materials, like sugar, clothes, steel. Thus, it provides people with goods that can be used in their daily lives.
  4. Promotes development of other sectors

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