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Is Egypt a primary secondary or tertiary economic sector?
Egypt's economy is diverse, encompassing all three sectors: primary, secondary, and tertiary. The primary sector includes agriculture and fishing, which are vital to the country's economy. The secondary sector involves manufacturing and construction, contributing significantly to industrial growth. The tertiary sector, which includes services like tourism and trade, is increasingly important, especially given Egypt's rich historical and cultural heritage.
What is a tertiary industrial sector?
The tertiary sector of the economy,also known as the service sector or the service industry.can be defined as one of the three economic sectors. The others being the secondary sector,approximately the same as manufacturing, and the primary sector,agriculture, fishing, and extraction such as mining.
What is tertiary sector in business?
The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment; the service industry.
What sectors of the economy are used to measure GDP?
Gross Domestic Product (GDP) is measured using three main sectors of the economy: the primary sector, which includes agriculture and raw materials; the secondary sector, encompassing manufacturing and construction; and the tertiary sector, which covers services such as healthcare, finance, and education. These sectors collectively reflect the total economic activity within a country. GDP can be calculated through production, income, or expenditure approaches, integrating contributions from each sector.
Which is the fastest growing sector of the UK economy at the moment and why?
In fact there are three main types of sectors in the UK:1. The primary sector (raw materialism)2. The secondary sector > aka. the manufacturing sector (turns raw materials from the primary sector into goods)3. Tertiary sector > aka the service sector (producing services > for example education)According to recent figures + the fact you can see in daily life in the UK it is said that the 3rd sector is the fastest growing sector of the UK economy. But still the question remains of why?With rising incomes, consumers spend a larger and larger proportion of their incomes on services such as health, education and financial services.So we can conclude that it is all about the income people get and that they spend a larger proportion each time on the big subgroups in the service sector.
Is Egypt a primary secondary or tertiary economic sector?
Egypt's economy is diverse, encompassing all three sectors: primary, secondary, and tertiary. The primary sector includes agriculture and fishing, which are vital to the country's economy. The secondary sector involves manufacturing and construction, contributing significantly to industrial growth. The tertiary sector, which includes services like tourism and trade, is increasingly important, especially given Egypt's rich historical and cultural heritage.
What is a tertiary industrial sector?
The tertiary sector of the economy,also known as the service sector or the service industry.can be defined as one of the three economic sectors. The others being the secondary sector,approximately the same as manufacturing, and the primary sector,agriculture, fishing, and extraction such as mining.
How tertiary sector differ from the other two?
Our economy has been segregated into three different sectors namely primary, secondary and tertiary. PRIMARY SECTOR: this sector is related to agriculture. We form products by exploiting the nature. Eg cotton. SECONDARY SECTOR: this sector is related to industrial activities. products are made by the ways of manufacturing in industries. Eg cotton(primary product) is converted to cloth in industries(secondary product), biscuits,etc. TERTIARY SECTOR: this sector is the service sector which rather than producing goods provides services to the people. this sector helps in the upliftment of the primary and tertiary sector. EG. transport, banking, communications, storage, trade,etc. it also includes professionals such as lawyers, doctors, teachers, professors, etc. Now a days ATM machines, IT industries are also a part of the tertiary sector.
What Industries Are In The Pyrenees?
The types of industries in the Pyrenees depend on which of the three sectors of the area people live in. These industries are agriculture in the primary sector, food production in the secondary sector, and telecommunications in the tertiary sector.
What is the three industrial sectors?
The Primary Sector - Where raw materials are grown, extracted or mined. The Secondary Sector - Where materials are processed and turned into goods. The Tertiary Sector Where services are provided to the public and other businesses.
What are the three sectors linked together in a chain of production?
The three sectors linked in a chain of production are the primary sector (extracting raw materials), the secondary sector (manufacturing products from these raw materials), and the tertiary sector (providing services related to the products such as marketing and sales).
What is a tertiary activitys?
Economic activity involving providing services such as banking or retail. Source: http://geography.about.com/od/geographyglossaryt/g/ggtertiaryacti.htm Hope I helped!
What is the contribution of the primary secondary and Tertiary sector of the Nigeria economy?
The Nigerian economy is structured into three main sectors: primary, secondary, and tertiary. The primary sector, which includes agriculture, forestry, and fishing, contributes significantly to employment and food security but has faced challenges such as inefficiency and inadequate infrastructure. The secondary sector, encompassing manufacturing and construction, is growing but remains limited due to reliance on imports and energy shortages. The tertiary sector, which includes services such as finance, telecommunications, and trade, is the largest contributor to Nigeria's GDP, reflecting a shift towards a more service-oriented economy.
Why there is so much gap between three sectors of economy that is primary secondary and tertiary?
The gap between the primary, secondary, and tertiary sectors of the economy arises from differences in productivity, technology, and the nature of goods and services produced. The primary sector, which involves agriculture and resource extraction, often employs more labor but generates lower value-added compared to the secondary sector, which focuses on manufacturing and construction. The tertiary sector, encompassing services, tends to have the highest value-added due to advancements in technology and specialization, leading to greater efficiency and economic growth. Additionally, urbanization and consumer demand shifts towards services contribute to the widening gap among these sectors.
What is amazon a primary secondary or tertairy sector?
Secondary Sector as it makes goods
What are three reasons cells undergo meiosis?
growth, repair, repro
Definition of tertiary?
The tertiary sector of the economy (also known as the service sector or the service industry) is one of the three economic sectors, the others being the secondary sector (approximately the same as manufacturing) and the primary sector (agriculture, fishing, and extraction such as mining). The service sector consists of the "soft" parts of the economy, i.e. activities where people offer their knowledge and time to improve productivity, performance, potential, and sustainability. The basic characteristic of this sector is the production of services instead of end products. Services (also known as "intangible goods") include attention, advice, experience, and discussion. The production of information is generally also regarded as a service, but some economists now attribute it to a fourth sector, the quaternary sector. The tertiary sector of industry involves the provision of services to other businesses as well as final consumers. Services may involve the transport, distribution and sale of goods from producer to a consumer, as may happen in wholesaling and retailing, or may involve the provision of a service, such as in pest control or entertainment. The goods may be transformed in the process of providing the service, as happens in the restaurant industry. However, the focus is on people interacting with people and serving the customer rather than transforming physical goods. For the last 30 years, there has been a substantial shift from the primary and secondary sectors to the tertiary sector in industrialised countries. This shift is called tertiarisation.[1] The tertiary sector is now the largest sector of the economy in the Western world, and is also the fastest-growing sector
