primary secondary and tertiary sector are divided in which one of the following basis
Primary, secondary, and tertiary sector division basis
Answer: The division of the economy into primary, secondary, and tertiary sectors is based on the type of economic activities that each sector encompasses.
-
Primary Sector: The primary sector includes activities related to natural resources. This sector involves activities such as farming, fishing, mining, forestry, and extraction of raw materials. The key characteristic of this sector is that it directly extracts or harvests natural resources from the Earth.
-
Secondary Sector: The secondary sector involves activities related to manufacturing and processing. This sector transforms raw materials from the primary sector into finished goods. Activities such as manufacturing, construction, and industry fall under the secondary sector.
-
Tertiary Sector: The tertiary sector, also known as the service sector, encompasses activities that focus on providing services rather than producing tangible goods. This sector includes professions such as healthcare, education, transportation, hospitality, banking, retail, and other service-related industries.
Therefore, the basis for dividing the primary, secondary, and tertiary sectors lies in the nature of economic activities each sector represents: extraction of raw materials in the primary sector, transformation and fabrication in the secondary sector, and service provision in the tertiary sector.