why do we classify Indian economy in different sectors???
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Economic activities result in the production of goods and services while sectors are the group of economic activities classified on the basis of some criteria. The Indian economy can be classified into various sectors on the basis of ownership, working conditions and the nature of the activities.
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The Indian economy can be classified into various sectors on the basis of ownership, working conditions and the nature of the activities. All economic activity was in the primary sector during early civilisation.
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