Economy, asked by Ashwin9960, 1 year ago

how to create unemployment situation in primary sector,secondary sector,and in tertiary sector

Answers

Answered by choudhary4357
2

The tertiary sector or service sector is the third of the three economic sectors of the three-sector theory. The others are the secondary sector (approximately the same as manufacturing), and the primary sector (raw materials).

The service sector consists of the production of services instead of end products. Services (also known as "intangible goods") include attention, advice, access, experience, discussion, and affective labor. The production of information has long been regarded as a service, but some economists now attribute it to a fourth sector, the quaternary sector.

Primary sector:-
In less developed economies, the primary sector will comprise the biggest part of the economy. Typically as an economy develops, increased labour productivity will enable workers to leave the agricultural sector and move to other sectors, such as manufacturing and the service sector.

1:-In the UK, about 3% of the labour force is engaged in agricultural production.
2:-In the UK, agriculture, mining and extractive industries account for around 12% of GDPManufacturing 10%, and the service sector 78%. (UK GDP stats, weights).

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