the three basic economic actinities
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The three basic economic activities are-
Primary activity-
It refers to the production sector of economy , where nature is dominant in producing goods. In this sector natural goods are produced with traditional techniques and biological processes. It includes farming, fishes, poultry. piggeries, etc.
This sector is also known as agriculture sector. In India this sector provides maximum employment yet contribute little towards GDP. Ex- sugarcane is produced on fields.
Secondary activity-
This sector transforms natural goods into manufactured goods by using men, material and machines. It includes small, medium, large scale manufacturing. In this sector men and machines dominate in production activities. This sector is also known as industrial sector. Ex- Production of sugar and jaggery from sugarcane on fields.
Tertiary activity-
It provides useful services to primary and secondary sector which smoothens their working. It is also known as service sector. It includes banking, transportation, insurance, communication, trade, commerce, etc. Ex- Transporting sugar from industries of sugar to local shopkeepers.
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