ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The secondary sector covers the manufacturing of goods in the economy, including the processing of materials produced by the primary sector. It also includes construction and the public utility industries of electricity, gas, and water.

Detailed explanation-2: -(3) Manufacturing industry refers to the industry that processes raw materials. It includes machine building industry which equips sectors of the national economy, industries of metal structure and cement products, industries producing means of agricultural production, such as chemical fertilizers and pesticides.

Detailed explanation-3: -The business activities included in the secondary sector are shipbuilding, automobile manufacturing, textile, chemical engineering, aerospace, space, and energy utilities.

Detailed explanation-4: -The secondary sector consists of processing, manufacturing, and construction companies. The secondary sector produces goods from the natural products within the primary sector.

Detailed explanation-5: -Secondary Production was defined as “Manufacturing Industries, etc., the transformation or modification of materials together with the construction of buildings, roads, etc., and the repair of finished products.” Studies and Reports.