What do you mean by primary secondary and tertiary sector with example?

What do you mean by primary secondary and tertiary sector with example?

Primary Sector :- All those economic activities that are undertaken by directly using natural resources are included in primary sector. For example, mining, forestry, fishing, poultry etc. Tertiary Sector :- These are the activities that help in the development of the primary and secondary sectors.

What are the primary secondary and tertiary sectors of the economy?

The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary).

What is the relationship between primary secondary and tertiary production?

Understanding the Chain of Production The sectors all work together to create an economic chain of production. The primary sector gathers the raw materials, the secondary sector puts the raw materials to use, and the tertiary sector sells and supports the activities of the other two.

What is secondary sector give example?

Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development.

What are the primary secondary and tertiary industries?

Primary industry involves getting raw materials e.g. mining, farming and fishing. Secondary industry involves manufacturing e.g. making cars and steel. Tertiary industries provide a service e.g. teaching and nursing. Quaternary industry involves research and development industries e.g. IT.

What are the 5 sectors?

Sectors of the Economy: Primary, Secondary, Tertiary, Quaternary and Quinary.

What are the various activities in primary secondary and tertiary sectors?

Primary sector includes agriculture, forestry, animal husbandry, fishing, poultry farming, and mining. Quarrying and manufacturing is included in the secondary sector. Trade, transport, communication, banking, education, health, tourism, services, insurance etc. are included in the tertiary sector.

What are three examples of secondary sector?

Examples of secondary industries include heavy manufacturing, light manufacturing, food processing, oil refining and energy production.

What are the different types of sectors?

There are four different sectors in the economy: primary, secondary, tertiary, and quaternary.

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