No products in the cart.

Difference between the three sectors of …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Difference between the three sectors of economy
  • 2 answers

Yogita Ingle 6 years, 8 months ago

(i) Primary Sector (or Agriculture sector). It includes all those economic activities which are connected with extraction and production of natural resources, e.g., agriculture, fishing, mining, etc.
(ii) Secondary Sector (or Industrial sector). It includes all activities which are concerned with the processing materials which have already been extracted at the primary stage, e.g., the mining of iron ore is primary industry, but manufacture of steel is secondary industry.
(iii) Tertiary Sector (or Service sector). It is concerned with providing support services to primary and secondary sector and includes transport, banking, insurance, warehousing, communication, advertising, etc. It facilitates smooth flow of goods and services in the economy. Importance of tertiary sector has been observed in the last decade and its contribution to GDP has also risen.

Varun Sinha 6 years, 8 months ago

Primary Sector- Agriculture is a Primary sector. Secondary Sector-This sector involves in manufacturing of products. Tertiary Sector-Basic services like hospitals,Educational institutions,defence and transport are the part of tertiary sector.
http://mycbseguide.com/examin8/

Related Questions

What was zollverein formed
  • 1 answers
Describe the silesian weavers uprising
  • 0 answers
Define Deccan plateau briefly
  • 0 answers
Explain the process of unification of Germany
  • 1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App