GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How many sectors are there in an economy from these-Primary, Secondary and Tertiary sector ____
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Two
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Three
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One
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None of these
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Explanation:
Detailed explanation-1: -The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary).
Detailed explanation-2: -Sectors of Economy: Primary, Secondary, Tertiary, Quaternary and Quinary.
Detailed explanation-3: -In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction.
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