What are the various activities are undertaken in the primary sector, secondary sector, and tertiary sector?
The primary sector refers to industries that are involved in the extraction and production of raw materials, such as agriculture, forestry, fishing, and mining. These industries are focused on the creation of goods from natural resources, such as crops, timber, fish, minerals, and oil.
The secondary sector, also known as the industrial sector, refers to industries that are involved in the processing and manufacturing of goods, such as construction, manufacturing, and utilities. This sector transforms raw materials into finished products, such as building construction, vehicle production, and the production of electricity.
The tertiary sector, also known as the service sector, refers to industries that provide services to individuals and businesses, such as finance, healthcare, education, and retail. This sector involves the provision of intangible services, such as consulting, banking, and customer service, as well as tangible services, such as repair and maintenance services.
Each sector plays a different but complementary role in the economy and contributes to overall economic growth and development. The primary sector provides the raw materials for the secondary sector, which processes and manufactures goods. The tertiary sector then provides services that support both the primary and secondary sectors, as well as individuals and businesses.