Difference between primary sector secondary sector and tertiary sector
What is the primary sector?
The primary sector is that which is dedicated to the production of raw materials, that is, to the extraction and collection of natural resources.
- Examples of primary sector activities:
- The Agriculture.
- The livestock.
- Fishing.
- Mining.
What is the secondary sector?
The secondary sector is that which is dedicated to the transformation of raw materials into manufactured products, that is, to the production of goods.
- Examples of secondary sector activities:
- The food industry.
- The construction.
- The manufacture of machinery.
- The production of energy.
What is the tertiary sector?
The tertiary sector is one that is dedicated to the provision of services and does not produce tangible goods.
- Examples of tertiary sector activities:
- Financial services.
- Health services.
- Educational services.
- Tourist services.
Why are these sectors important?
All three sectors of the economy are important for the economic development of a country.
The primary sector is the one that provides the natural resources necessary for the production of goods and services.
The secondary sector transforms raw materials into products and generates employment.
The tertiary sector provides essential services to society and is also an important source of employment.
Conclusion
The primary sector, the secondary sector and the tertiary sector are essential sectors of a country's economy. Each one fulfills its specific function and all of them are important for the economic and social development of a nation.
It is important to know the difference between these sectors to understand how a country's economy works.