Question

What is the secondary sector? * 1 point A. production of a good by exploiting natural resources B. activities in which natural products are changed into other forms through ways of manufacturing C. activities, by themselves, do not produce a good but they are an aid or support for the production process. D. Mineral excavation

Answer 1

Answer:

option c is the correct answer of the given question

Answer 2

Answer:  Secondary sector concerns those activities in which natural products are changed into other forms through ways of manufacturing

Explanation:

• In the three-sector theory of macroeconomics, which describes the function of manufacturing, the secondary sector of the economy is one of the economic sectors.
• This industry typically uses the primary sector's output, or raw resources, to produce completed goods suited for export as well as sale to domestic enterprises and consumers (via distribution through the tertiary sector).
• Many of these sectors require factories, heavy machinery, and high energy consumption; as a result, they are frequently categorised as light or heavy. Additionally, this generates waste heat and materials that could pollute the environment (see negative externalities). Examples include the manufacture of textiles, automobiles, and handicrafts.
• A key activity in fostering economic development and growth is manufacturing. Exporters of manufactured goods typically have higher marginal GDP growth, which supports higher wages and, in turn, higher marginal tax collections needed to pay for public expenditures like infrastructure and health care.
• The primary sector provides the raw resources needed for production that the secondary sector needs. Primary sector nations, or those that produce mostly agricultural and other raw materials, typically expand slowly and maintain underdeveloped or emerging economies.

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