Social Sciences, asked by anilmathew2874, 1 year ago

what are the three sectors of economy explain with examples​

Answers

Answered by mani8892
2

Answer:

Three sectors of economy are------

priemary activity-Fishing, ginning

secondary activity-carpentary, farming

Teritory activity-Teaching,banking.

Answered by 1Angel25
7
\huge{\underline{\mathcal{Hey, mate..!!!}}}

\huge{\mathfrak{\red{Answer}}}

<font color ="purple"><b>According to the three-sector theory, all economic activity can be classified into one of three sectors: the primary sector, the secondary sector and the tertiary sector.

↪ Primary Sector: It is also known as the “Extraction sector” because it involves taking of 'raw materials'.

Example:- Agriculture, fishing, mining, farming, etc..

↪ Secondary Sector: The secondary sector of the economy includes industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary sector and manufactures finished goods or where they are suitable for use by other businesses, for export, or sale to domestic consumers.

Example:- Heavy manufacturing, light manufacturing, food processing, oil refining and energy production.

↪ Tertiary sector: The tertiary sector or service sector is the third of the three economic sectors of the three-sector theory. The others are the secondary sector, and the primary sector. The service sector consists of the production of services instead of end products.

Example:- Telecommunication, Hospitality, industry/tourism, Mass media,Healthcare/hospitals.
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<font color ="blue"><b><marquee>Thanks✊..
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