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Differentiate between primary and secondary data

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Differentiate between primary and secondary data

Posted by Aditya Singh 6 years, 4 months ago

CBSE > Class 11 > Economics

1 answers

Karuna Kashyap 6 years, 4 months ago

Primary data- 1.This data is directly collected by the investigator from the informants. 2.It is the first hand data. 3.High degree of originality. 4.High degree of accuracy. 5.It takes a lot of time, large amount of money is required . Secondary data- 1.This data is collected from the existing data. 2.It is the second hand data. 3.Less degree of originality. 4.less degree of accuracy. 5.It takes less time,small amount of money.

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