ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The reason to call it the primary sector is that it serves as the foundation for all other products. Since most of the natural products we consume come from agriculture, dairy, forestry and fishing, another term for the primary sector is agriculture and allied sector.

Detailed explanation-2: -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-3: -The primary sector includes all those activities the end purpose of which consists in exploiting natural resources: agriculture, fishing, forestry, mining, deposits.

Detailed explanation-4: -Primary industry This sector of a nation’s economy includes agriculture, forestry, fishing, mining, quarrying, and the extraction of minerals.

Detailed explanation-5: -Agriculture, forestry, fishing, mining, oil, and gas extraction are some examples of primary sectors.