Classify the economic sector on the …

Classification of economic sectors on the basis of nature of activities are as follows:

1. Primary sector: When we produce goods by exploiting natural resources, it is an activity of the primary sector. Since most of the natural products we get are from agriculture, dairy, fishing, forestry, this sector is also called agriculture and related sector.
2. Secondary sector: In this, natural products are changed into other forms through manufacturing that we associate with industrial activity The product is not produced by nature but has to be made and therefore, some process of manufacturing is essential. For example, using cotton fibre from the plant we spin, yarn and weave cloth. Since this sector gradually became associated with the different kinds of industries that came up, it is also called as industrial sector.
3. Tertiary sector: It helps in the development of the primary and secondary sectors. They provide aid or support for the production process. Transport, storage, communication, banking, trade are some examples of tertiary activities. Since these activities generate services rather than goods, the tertiary sector is also called the service sector.