Quick Answer: What Is The Difference Between Primary Secondary And Tertiary Activities?

What are two tertiary activities?

Tertiary activity consists of all occupations of service.

Significant examples of tertiary activities include transport, networking, commerce, health, education and administration..

What are examples of secondary activities?

Some of the secondary sector activities are automobile production, metalworking, and smelting, chemical and engineering industries, energy utilities, textile production, aerospace manufacturing, engineering, breweries and bottlers, construction, and shipbuilding.

What are the 11 sectors of the economy?

The order of the 11 sectors based on size is as follows: Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

What kind of economic activities are conducted in primary secondary and tertiary sector?

The main sectors of the economy are:Primary sector – extraction of raw materials – mining, fishing and agriculture.Secondary / manufacturing sector – concerned with producing finished goods, e.g. Construction sector, manufacturing and utilities, e.g. electricity.More items…•Dec 19, 2019

What is primary secondary and tertiary activities?

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).

What are primary secondary and tertiary activities explain with examples?

Primary Sector :- All those economic activities that are undertaken by directly using natural resources are included in primary sector. For example, mining, forestry, fishing, poultry etc. … Tertiary Sector :- These are the activities that help in the development of the primary and secondary sectors.

What are examples of tertiary activities?

Examples of tertiary sector industriesTelecommunication.Hospitality industry/tourism.Mass media.Healthcare/hospitals.Public health.Pharmacy.Information technology.Waste disposal.More items…

What is the relationship between primary secondary and tertiary sectors?

The sectors all work together to create an economic chain of production. The primary sector gathers the raw materials, the secondary sector puts the raw materials to use, and the tertiary sector sells and supports the activities of the other two.

What is meant by tertiary activities?

The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. … the non-market sector (public administration, education, human health, social work activities).

What is the difference between primary and tertiary activities?

Primary activities are those activities that which involve exploitation of natural resources. It is the base for production of other goods that is it provides raw materials. Example: Agriculture, mining, animal husbandry. Tertiary activities are those activities that provide services to the people.

What is the difference between primary and secondary activities?

(i) Primary Sector (or Agriculture sector). It includes all those economic activities which are connected with extraction and production of natural resources, e.g., agriculture, fishing, mining, etc. (ii) Secondary Sector (or Industrial sector). … It facilitates smooth flow of goods and services in the economy.