What are different economical sector?
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There are three types of economic sectors :-
→ Primary sectors: related to farming activities.
→ Secondary sectors: related to manufacturing.
→ Tertiary sector: provide support to other two sectors.
Primary sector :-
- The economic activity which are connected with the extraction and the production of natural resources is known as primary sector.
- It provide raw materials.
- Example :- Agriculture, fishing, mining etc.
Secondary sector :-
- The economic activity which are related to the manufacturing process are called secondary sector.
- Raw materials is processed into finished goods.
- It is also called as Industrial sector.
- Example :- Manufacturing of steel.
Tertiary sector :-
- The economic activities that are related to providing to all sector.
- It is also called as service sector.
- Help for the development of primary and secondary sector.
- Example :- Transportation, Banking Communication, Insurance etc.
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