POST COLD WAR WORLD
INTEGRATION OF EUROPE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The primary sector.
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The industry.
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The services sector (or tertiary).
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None.
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Detailed explanation-1: -The tertiary sector is now the largest sector of the economy in the Western world, and is also the fastest-growing sector.
Detailed explanation-2: -The services sector is by far the most important sector in the European Union, making up 64.7% of GDP, compared to the manufacturing industry with 23.8% of GDP and agriculture with only 1.5% of GDP.
Detailed explanation-3: -The services sector, that is tertiary sector, is the largest sector of India. Gross Value Added (GVA) at current prices for the services sector is estimated at 96.54 lakh crore INR in 2020-21.
Detailed explanation-4: -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.