Social Sciences, asked by NikhilRajput123, 1 year ago

what is sector in economics

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Answered by SabornoChowdhury
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DescriptionOne classical breakdown of economic activity distinguishes three sectors: Primary: involves the retrieval and production of raw materials, such as corn, coal, wood and iron. Secondary: involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing.

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Answered by shruti9658
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Explanation:

On classical break down of the economic activity distinguish three sectors.

primary sector, secondary sector and teritary sector.

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