(i) Primary sector (or agricultural sector). It includes all economic activities related to the extraction and production of natural resources, e.g. B. Agriculture, fisheries, mining, etc. (ii) Secondary sector (or industrial sector). … It facilitates the smooth flow of goods and services in the economy.
What is the difference between main jobs and side jobs?
(i) Primary sector (or agricultural sector). It includes all economic activities related to the extraction and production of natural resources, e.g. B. Agriculture, fisheries, mining, etc. (ii) Secondary sector (or industrial sector). … It facilitates the smooth flow of goods and services in the economy.
What is the difference between primary and secondary economic activity?
A typical breakdown of economic activity distinguishes three sectors: Primary: Includes the reclamation and production of commodities such as corn, coal, timber and iron. … Secondary: involves the transformation of raw materials or intermediate products into commodities, e.g. Turning steel into cars or textiles into clothes.
What is the difference between primary activity and tertiary activity?
Primary activities are activities involving the exploitation of natural resources. It is the basis for the production of other goods, ie it provides raw materials. Example: agriculture, mining, animal husbandry. Tertiary jobs are jobs that provide services to people.
What is the difference between the primary sector and the secondary sector?
The primary sector refers to the sector in which the production of goods and services occurs through the exploitation of natural resources. The secondary sector refers to the economic sector that converts raw materials into finished products through a manufacturing process with higher utility.