ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, hunting, fishing, and mining.

Detailed explanation-2: -Primary sector includes agriculture, forestry, animal husbandry, fishing, poultry farming, and mining. Quarrying and manufacturing is included in the secondary sector.

Detailed explanation-3: -When we produce a good by exploiting natural resources, it is an activity of primary sector. This is because it forms the base for all other products that we subsequently make. Since most of the natural products are from agriculture, dairy, fishing, forestry, this sector is also called agriculture and related sector.

Detailed explanation-4: -Primary Sector (Extractive industries) For example the majority of farmers live on the farm that they carry their business (farming) activity at.

Detailed explanation-5: -Activities like agriculture, animal husbandry, forestry, fishing, mining and quarrying are included in the primary sector.