ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The correct answer is Primary. Primary Sector: Production of a commodity, mostly through the natural process, is an activity in the primary sector. In the Primary sector of the economy, activities are undertaken by directly using natural resources.

Detailed explanation-2: -Primary sector is the group of economic activities that involves producing goods using natural resources. Forestry, fishing, agriculture, dairy comes under the primary sector of the economy. The goods produced from the primary sector becomes the base for all other activities.

Detailed explanation-3: -In the primary sector of the economy, activities involve using natural resources, which include land, water, forest, raw materials and minerals. People who work in the primary sector are red-collar workers because of the outdoor nature of their work.

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: -Production for exchange in the market is commodity production. At the beginning of commodity exchange, people bartered one product for another. Later in the long process of the development of commodity exchange, a particular commodity-money-was separated from other commodities spontaneously.