ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Secondary sector
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Tertiary sector
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Primary sector
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Organised sector
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Detailed explanation-1: -When we produce goods by exploiting natural resources it comes under the primary sector as these economic activities are directly tied to the extraction of resources from the earth. It is the base of all the resources that we subsequently manufacture.
Detailed explanation-2: -When we produce a good by exploiting natural resources, it is an activity of the primary sector. This is because it forms the base for all other products that we subsequently make.
Detailed explanation-3: -It comes under the primary sector of the economy since these economic activities involve the extraction of resources directly from the earth.
Detailed explanation-4: -When the economic activity depends mainly on exploitation of natural resources then that activity comes under the primary sector. Agriculture and its related activities are the primary sectors of economy.
Detailed explanation-5: -When we produce a good by exploiting natural resources, it is an activity of sector.