What is the term that describes the proportion of total output and employment in a national economy resulting from the activities of different productive sectors, notably primary, secondary and tertiary?
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Primary Sector
i) It is known as agriculture and allied services sector.
(ii) This sector produce goods and services by exploiting natural resources.
(iii) This sector is unorganised and use traditional techniques.
(iv) Activities related to agriculture, forestry fishing, mining and animal husbandary are included in this sector.
(v) This sector continue to be the largest employer in most of the developing nations like that of lndia.
Secondary Sector
(i) It is known as manufacturing sector.
(ii) This sector transforms one good into another by creating more utility from it.
(iii) it is organised sector and use better techniques.
(iv) It includes manufacturing units, small scale units, large firms, big corporates and multinational corporations.
(v) This sector has failed to provide employment to the surplus workers of primary sector.
Tertiary sector
(i) it is known as service sector.
(ii) This sector provides useful services to primary and secondary sectors for these functioning of their working.
(iii) it is organised sector and use better techniques.
(iv) Services related to banking, insurance, trade and communication come in this sector.
(v) This sector‘s sharing in the employment is increasing
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