WebJan 14, 2024 · Primary Sector of Economy. The primary sector of an economy is also known as the "extraction sector", and is defined by the extraction of raw resources. It is … WebSep 14, 2015 · The three sectors of the Indian economy are: Primary sector: the agricultural sector is also known as the primary sector and includes agriculture and allied activities such as crop production, horticulture, plantation crops, forestry and allied activities like dairy, fisheries, poultry, sheep-goat, piggery, rearing of silk worms, etc.

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WebMay 28, 2024 · Sector: A sector is an area of the economy in which businesses share the same or a related product or service. It can also be thought of as an industry or market … WebIn macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing.It encompasses industries that produce a finished, usable product or are involved in construction.. This sector generally takes the output of the primary sector (i.e. raw materials) and creates finished goods … helminths phylum

What Are Primary, Secondary & Tertiary Economic …

WebThe tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector ( raw materials) and the secondary sector ( manufacturing ). The tertiary sector consists of the provision of services instead of ... WebPrimary Sector. The primary sector is made up of businesses that produce or extract raw materials. This is the first stage of the production process and includes fishing, farming … WebNov 21, 2024 · 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 … helminths parasitic worms