ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Portion of the economy concerned with the direct extraction of materials from Earth’s surface.
A
Primary sector
B
Secondary sector
C
Tertiary sector
D
Quaternary sector
E
Quinary sector
Explanation: 

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, fishing, forestry and mining. The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries.

Detailed explanation-2: -The primary sector of the economy, the sector that extracts or harvests products from the Earth, has the largest WF on Earth. This sector includes activities like agriculture, forestry, fishing, aquaculture, mining, and quarrying.

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 Sector This is where the agriculture sector comes into the picture since it is the most important and largest sector of the Indian economy.

There is 1 question to complete.