GENERAL KNOWLEDGE

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: -Sectors of the Economy FAQs Primary sector: Represents companies that are involved in extracting natural resources and agriculture.

Detailed explanation-3: -Activities like agriculture, animal husbandry, forestry, fishing, mining and quarrying are included in the primary sector. Secondary sector includes activities like manufacturing industry, building construction work etc.

Detailed explanation-4: -The secondary sector is the field of economic activity that is captured in the manufacturing and refinery of raw materials.

Detailed explanation-5: -When the activities are based directly on the natural resources, it is known as primary sector. An example of primary sector is agriculture.