Question

What are different sectors of an economy? Explain each of them​

Answer 1

Answer:

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Answer 2

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What are different sectors of an economy?

Explain each of them

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There are three sector

1. primary sector
2. Secondary sector
3. Tertiary sector

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• Activities undertaken by exploiting natural resources .

• It is called primary because it directly involve natural resources that forms the base for all other products that we subsequently make
• for ex

1. cultivation of cotton
2. farmers of milk cooperative society

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• Activities in which natural products are processed by manufacture
• for ex

1. produce cotton textile by using cottonas a raw material

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It is also known as service sector

• Activities that help in the development of primary and secondary sector
• It contribution to GDP was 72.5℅(2017)
• For ex

1. mean of communication
2. transportation
3. banking etc

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