what are sectors? How are sectors classified for economic activities(class 10)
Answers
Answered by
0
Explanation:
The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing(secondary), and services (tertiary)
A sector is an area of the economy in which businesses share the same or related business activity, product, or service. Sectors represent a large grouping of companies with similar business activities, such as the extraction of natural resources and agriculture.
Answered by
0
Answer:
The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing(secondary), and services (tertiary).
Similar questions