Three Sectors of Economy


The three-sector theory is an economic theory which divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and services (tertiary).

Here is a short video which explains the difference between the Primary, Secondary and Tertiary sectors of the economy.









Comments

  1. After seeing this video my concept about the chapters is very much clear.And it is easier to understand the chapter in a easier way.Thank you for making our concept so clear.

    ReplyDelete

Post a Comment

Popular posts from this blog

Human Activities

Meaning of Joint Stock Company