What are the differences between the primary and secondary sector?

primary and secondary sectors of the economy refer to the way the industry uses resources to generate income. In the primary sector, natural resources are harvested directly from the ground. This sector would contain everything from farmers to coal miners to lumber. The secondary sector uses materials from the primary sector to produce finished products together with completely artificial materials; This sector contains most of the manufacturing and construction companies. In addition to these sectors, there are economic sectors dealing with everything from the service industry to parents at home. The primary and secondary industries are generally the best known because these are usually indicators of the overall economic health of the nation. The sector classification is based on their dependent on natural resources. The first two either require natural resources or ditato industries form the largest part of the economy that are strictly used by natural resources.

in most countries. They create the most income and most contribute to the country's economic stability. Surprisingly, in manyDeveloped countries work the largest population in the tertiary sector, in the service industry. This part contains businesses that provide benefits to other people, but do not directly create a product; It can be anything from a banker to the service station. This group does not use natural resources at all, but can work in the industry that needs a natural resource to continue.

These three sectors form a common view of the economic system. Primary and secondary sectors are processors and creators, while the tertiary sector interacts. Some newer economic models also contain Quaternary and Quinery Sector. These sectors bring partipopulations that do not have a direct economic impact, but help shift the economy forward.

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Quaternary sector contains industries that do not create products, do not have to generate income and not provide a service. These industries are often administrative, government or callKumna. Although these industries can be mixed with industries from other sectors, they maintain a separate identity. The Quinal sector contains people who are outside the established industry but still use the economy. These people are out of work, but they have money, either because they are retired, rich or have a husband who works.