Indian economic is divided into three. What are they?
Answers
Answer:
They are three sectors in the Indian economy, they are; primary economy, secondary economy, and tertiary economy.
Explanation:
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Answer:
They are three sectors in the Indian economy, they are
- Primary economy
- Secondary economy
- Tertiary economy
Primary economy :
The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, hunting, fishing, and mining. The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries.
Secondary economy :
The secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. Examples include textile production, car manufacturing, and handicraft.
Tertiary economy :
The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors of the three-sector theory. The others are the secondary sector, and the primary sector. The service sector consists of the production of services instead of end products.
Explanation:
Hope this helps you :)