Economy, asked by sanjithkumar1219, 1 year ago

how are all the three sectors of the economy independent? explain this interdependence with the help of an example in points

Answers

Answered by Anonymous
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There are three sectors of economy feasibly found i.e. Primary sector, Secondary sector and Tertiary sector. All the three sectors are interdependent.
Some examples are given to elucidate this fact
(i) Agricultural activities produce raw materials for agro- based industries and food for employees in Secondary and Tertiary sectors. It shows industrial sector and service sector’s dependency on Primary sector.
(ii) Industrial activities produce instruments like tractor, fertiliser for agricultural inputs and increase production and productivity in agriculture. Here, Primary sector depends on Secondary sector.
(iii) Transportation facilities are much required for transportation of agricultural products and industrial products to market rural and urban centres. Here, Primary and Secondary sector depend on Tertiary sector.
(iv) Industrial sector produces trucks, autos etc for transportation, computer assets for proper banking activities and knowledge outsourcing. So, it shows that now Tertiary sector depends on Secondary sector.
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