Question

Generally in which three parts economics is discussed

Answer 1

Answer:

In three sectors economy is discussed.

1. Primary sector (agricultural related sector)
2. Secondary sector (manufacturing sector)
3. Tertiary sector

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Answer 2

The three parts of the economy include:

1). Primary(agriculture and allied activities).

2). Secondary(manufacturing etc.).

3). Tertiary (services).

Explanation:

There are three main parts of an economy which are:

1). Primary: The sector of the economy where natural resources are obtained raw; Such as quarrying, agricultural work, animal husbandry, fish farming, etc. This sector is also called agriculture and allied activities.

2). Secondary -  This sector of the economy is also known as the manufacturing sector as it uses the products of the primary sector as raw material for its activities. For example: biscuit, cake, iron and steel industry, textile industry, vehicle, etc.

3). Tertiary - This sector includes various types of services that are produced; Such as banking, insurance, education, medicine, tourism, etc. We also call this the service sector.

Learn more: Economy

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