Question

How are the three sector of economy interdependent? Explain with 5 suitable example

Answer 1

The sectors (i.e primary, secondary and tertiary sectors) of economy are interdependent. The primary sector is involved in natural products which we get from agriculture, fishing, dairy and forestry. When these natural products are converted to other forms of production through an industrial activity,it is known as the secondary sector. The tertiary sector provides services for the production of goods in the primary and secondary sectors. There are also certain important services such as teaching, medicine, law and information technology which may not directly help in the production of goods.