Economy, asked by aryanjaiswal9390, 9 months ago

future prospects of these three sectors primary secondary tertiary​

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Answered by santarasingh963
0

Answer:

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Industrial output in 2005

Service output in 2005

The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and services (tertiary).[1]

According to the model, the main focus of an economy's activity shifts from the primary, through the secondary and finally to the tertiary sector. Countries with a low per capita income are in an early state of development; the main part of their national income is achieved through production in the primary sector. Countries in a more advanced state of development, with a medium national income, generate their income mostly in the secondary sector. In highly developed countries with a high income, the tertiary sector dominates the total output of the economy. The model was developed by Allan Fisher,[2][3][4] Colin Clark,[5] and Jean Fourastié.[6]

Primary sector: 64.5%

Secondary sector: 20%

Tertiary sector: 15.5%

Answered by sugarcandy5
0

Answer:

sorry friend

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