how many sectors of econmy? explain them with help of example
Answers
Answer:
They are three sectors in the Indian economy, they are; primary economy, secondary economy, and tertiary economy. In terms of operations, the Indian economy is divided into organized and unorganized. While for ownership, it is divided into the public sector and the private sector.
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ANSWER :
There are 3 Sectors of Economy -
1. PRIMARY SECTOR - The Primary sector is involved in extraction and production of natural resources.
EXAMPLE - Agriculture, Mining etc.
2. SECONDARY SECTOR - The Secondary sector, also known as the Industrial sector, is indulged in manufacturing (producing things in large quantity with the help of machines) and creating finished goods through the raw materials from the Primary sector.
EXAMPLE - Construction, Manufacturing, Food Processing/Packaging, Refining of Minerals etc.
3. TERTIARY SECTOR - The third sector (Tertiary sector) is concerned with providing services and facilities to the general public.
EXAMPLE - Teaching, Transportation, Health services, Entertainment etc.
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