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Primary sector industries are involved in procuring naturally-occuring resources, applying little processing (or none at all). Some examples of primary sector industries include:
- Extraction of fossil fuels (such as crude oil).
- Timber/woodcutting.
- Mining
- Fishing
- Agriculture
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∙ 13y ago
Jonathan Paye
What are the features of primary industry
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Definition of primary sector?
Primary sector is the economic sector concerning the use of natural goods. Some examples of these goods are forestry, fishing, agriculture, and mining.
What are the main industries in China?
the flugicaThere are a variety of main industries in China. Some of these industries include steel, energy, power, as well as manufacturing.
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.
How are three sectors in the Indian economy interdependent?
SECTORS Primary Sector When the economic activity depends mainly on exploitation of natural resources then that activity comes under the primary sector. Agriculture and agriculture related activities are the primary sectors of economy. Secondary Sector When the main activity involves manufacturing then it is the secondary sector. All industrial production where physical goods are produced come under the secondary sector. Tertiary Sector When the activity involves providing intangible goods like services then this is part of the tertiary sector. Financial services, management consultancy, telephony and IT are good examples of service sector. Evolution of an Economy from Primary Sector Based to Tertiary Sector Based During early civilization all economic activity was in primary sector. When the food production became surplus people's need for other products increased. This led to the development of secondary sector. The growth of secondary sector spread its influence during industrial revolution in nineteenth century. After growth of economic activity a support system was the need to facilitate the industrial activity. Certain sectors like transport and finance play an important role in supporting the industrial activity. Moreover, more shops were needed to provide goods in people's neighbourhood. Ultimately, other services like tuition, administrative support developed. Interdependency of Sectors: To understand this interdependency, let us take an example of a cold drink. A cold drink contains water, sugar and artificial flavour. Suppose if there is no sugarcane production then procuring sugar will become difficult and costly for the cold drink manufacturer. Now to transport sugarcane to sugar mills and sugar to the cold drink plant needs the services of a transporter. A person or system of persons is required to maintain and monitor all these movements of goods from farm to factory to shop in different locations. That is where role of administrative staffs comes. Let us go back to the farmer. He also needs fertiliser and seeds which is processed in some factory and which will be delivered to his doorstep by some means of transportation. To top it all at every step of these activities we require the proper monetary and banking system. So, in a nutshell this describes how interrelated all sectors of an economy are.
How did the decisions to nationalize some important industries impact Britain's economy?
Forced the government to prop up industries.
What industries benefit from financial news online?
There are several industries that benefit from online financial news. Some of these industries include the energy sector (i.e. oil, gas), the financial sector (i.e. banking) and the engineering sector.
Definition of primary sector?
Primary sector is the economic sector concerning the use of natural goods. Some examples of these goods are forestry, fishing, agriculture, and mining.
What are some primary industries in Italy?
Italy's primary industries are tomatoes, grapes. olives, oranges, kiwi, wheat, and dune wheat
What are the primarysecondary and tertiary service industries?
The Primary SectorThe primary sector of the economy involves changing natural resources into primary products. Most products from this sector are considered raw materials for other industries. Major businesses in this sector include: agriculture, agribusiness, fishing, forestry and quarrying industries.The manufacturing industries that aggregate, pack, package, purify or process the raw materials close to the primary producers are normally considered part of this sector, especially if the raw material is unsuitable for sale or difficult to transport long distances.The Secondary SectorThis sector generally takes the output of the primary sector and manufactures finished goods or where they are suitable for use by other businesses, for export, or sale to domestic consumers. This sector is often divided into 'light industry' and 'heavy industry'. Many of these industries consume large quantities of energy and require factories and machinery to convert the raw materials into goods and products.They can also produce waste materials and waste heat which, most of the time, causes environmental problems for the surrounding areas as a result of the pollution caused, mostly by the factories.The Tertiary SectorThis sector consists of the 'soft' parts of the economy. The basic characteristics of this sector are the production of services instead of end products. Services include attention, advice, experience and discussion. The production of information is also generally regarded as a service, but some economists now attribute it to a fourth sector, the quaternary sector.
What are the primary industries in Canada?
Some types of secondary industries include manufacturing and construction.
What are some primary industries in the Atlantic coast?
fishing
Is BP a example of Primary sector company?
yes, BP is a really good example of a primary sector business so i think that its a good choice to do some work on this example if you are doing assessments on it.
What are some industries in the United Arab Emirates?
Primary: Oil & GasSecondary: Aluminum refining, trade, tourism, banking, construction
What is the primary industrial legislation called?
Primary industries are involved in obtaining materials from the ground (natural world). Some of there business are farming, forestry, fish farming and dairy farming. Some of them industries are called extractive industries. These are some extractive industries E.g. coal mining, quarrying, drilling for oil and water supply industries. The amount of people that work these jobs in this country ( UK) is a very small number.
What are some of Virginia's primary industries?
It depends, what region do you live in, here is a list of the regions and their primary industries, coastal plain/tidewater:shipbuilding Piedmont:information technology blue ridge mountain:tourism valley and ridge:apples Appalachian plateau:coal
What are some South Dakota industries?
The number 1 industry in South Dakota is agriculture. Tourism is the second largest industry in South Dakota. The service sector, retail trade, and manufacturing industries account for the majority of the state's employment.
What are features of underdevelopment?
There are so many features of underdevelopment. Some of them include poor infrastructure, limited industries, high rate of illiteracy, poverty, unemployment and so much more.
