Question

What are the 3 sectors of Indian economy?

Answer 1

The three-sector model in economics divides economies into three sectors of activity:

❤️extraction of raw materials (primary),

❤️ manufacturing (secondary),

❤️ and services (tertiary). It was developed by Allan Fisher, Colin Clark and Jean Fourastié.

Answer 2

Indian Economy. They are three sectors in the Indian economy, they are; primary economy, secondary economy, and tertiary economy. In terms of operations, the Indian economy is divided into organized and unorganized. While for ownership, it is divided into the public sector and the private sector.

Sectors of Indian Economy: Primary, Secondary & Tertiary with Examples

The three-sector theory is an economic theory which divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and services (tertiary).