Main Sectors of the Indian Economy — Flashcards

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The three main sectors are the primary sector, secondary sector, and tertiary sector. They group economic activities based on how goods and services are produced.

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The primary sector includes activities based directly on natural resources such as land, water, forest, and minerals. It includes agriculture, forestry, animal husbandry, fishing, poultry farming, min…

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It is called the base because it produces natural products by using natural resources. These products are used as raw materials in other sectors.

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Primary goods or natural products are goods produced by the primary sector from natural resources. Examples include agricultural produce, wood, and fish.

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The secondary sector is also called the manufacturing sector or industrial sector. It includes activities that use raw materials from the primary sector and transform them into finished goods through …

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The secondary sector depends on the primary sector for raw materials such as cotton, jute, sugarcane, oilseeds, and wool. These raw materials are then changed into finished goods.

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The tertiary sector is the third sector of the economy and is also called the service sector. It does not produce goods; instead, it provides services such as transport, storage, communication, bankin…

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It is called the service sector because it provides support services rather than goods. These services help the primary and secondary sectors function smoothly.