how are the three sector of the enonomy different from each other? explain
Answers
Answer. Primary Sector : Activities undertaken by using natural resources, e.g., forestry, agriculture, fishing, etc. ... Tertiary Sector : Includes all such activities which supports primary and secondary sector by providing services, e.g., transportation, etc.
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Explanation:
Primary sector economy extracts or harvests products from the earth such as raw materials and basic foods. Activities associated with primary economic activity include agriculture (both subsistence and commercial), mining, forestry, grazing, hunting and gathering, fishing, and quarrying.
Secondary sector the sector of the economy concerned with or relating to secondary industry.The portion of an economy that includes light and heavy industrial manufacturers of finished goods and products from raw materials. ... Textile production, car manufacturing, handicrafts, and the production of other knick knacks and products all belong in the secondary sector.
Tertiary sector also known as service sector which perform services to other teo sector like transportations, banking, storage etc