Join Sarthaks eConnect Today - India's Largest Online Education Community!

what is the importance of primary,secondary and tertiary sector?

+7 votes
963 views
asked Aug 28, 2016 in Economics by Rahul Roy (7,955 points)

1 Answer

+8 votes
answered Aug 28, 2016 by संजीव कुमार (3,822 points)
selected Dec 5, 2016 by sarthaks
 
Best answer

Primary Sector means agriculture sector. In a country like India the main source of income even today is agriculture. Many of our agricultural products are exported by which foreign currency is flowing.

The well-being of other two sectors depends upon Agriculture. If agriculture sector is well with good yields then Secondary Sector which consists of industries run smoothly. Most of the industries are based on agricultural products.

Tertiary Sector means service sector. Today the contribution of Service sector is growing very fastly and contributing very high amount in GDP. In a developing country like India all the three sectors are equally important. In a country like USA Tertiary is very important and then Secondary.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

One Thought Forever

“There is a close connection between getting up in the world and getting up in the morning.“
– Anon
~~~*****~~~

...