Economy, asked by sahilansari2092, 1 year ago

Write a short note on the historical shifts in the sectors of economy

Answers

Answered by maya51
1
Primary Sector

As the method of farming changed and the agricultural sector began to prosper production increased.

Many people could not take up other activities.

It is the stage of the goods produced were natural products and most people employed in this sector.

Secondary Sector

Because of new methods of manufacturing were introduced, factories came up ang started expanding.

Farmers began to work in factories.

This sector slowly becamethe most important sector in the total production and employment.

Hence a shift had taken place. It means the importance of sectors had changed.

Tertiary Sector

In the past 100 years there has been another shift from secondary to tertiary sector in the developed countries.

The service has become the most important. in terms of total production.

Most of the working people also employed in the service sector. These are observed in the developed countries.

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