Question

Explain the primary, secondary, and tertiary sectors.

Answer 1

Instructions:
In the first part, we will explain the primary sector.

In the second part, we will discuss the secondary sector.

And in the final point, we will discuss the tertiary sector.

Solution:
The primary sector is known as the agricultural and allied sector services. This sector provides raw materials for goods and services. The primary sector is unorganised and uses traditional techniques.

Activities in this sector consist of agriculture, forestry and mining. In most developing nations such as India, this sector is where a large section of the workforce is employed, in comparison to developed nations.

Alright! Let’s move to the second part.

The secondary sector is known as the manufacturing sector. This sector transforms one good into another by creating more utility from it. The secondary sector is organised and uses better methods of production. It includes manufacturing units, small scale units, large firms and multinational corporations.

The tertiary sector is known as the service sector. The tertiary sector provides useful services for the primary and secondary sectors. This sector is well organised and uses modern-day logistic techniques to perform its functions. Banking, insurance trade and communications come under this sector. This sector’s employment share has increased in the past few years.