answersLogoWhite

0

The first sector typically refers to the primary sector of the economy, which involves the extraction and harvesting of Natural Resources. This includes activities such as agriculture, forestry, fishing, and mining. The primary sector forms the foundation of an economy by providing raw materials for the secondary sector, which focuses on manufacturing and production.

User Avatar

AnswerBot

∙ 11mo ago

What else can I help you with?

Trending Questions
What percentage of India's GDP in 2012-13 was contributed by agriculture and allied sectors? How did a tariff help American manufacturers? How much is one pound ten shillings? How can a company effectively achieve economies of scale in its operations? Who believed in laissez-faire business practices and what did that mean? What happens to the poor people when they get rich? How can hunman relation increase productivity? How long as the company Tide been in business? Which economic goal is associated with the idea of achieving maximum fulfillment of economic wants using the available productive resources? How much is 10 USD in English pounds? What type of economic activity is most affected by average rain fall and a mild climate? How was the plantation an economic unit? Why did forming corporations allow big business to increase in power and profitability? What is a 100000 jugoslavija bill worth in Canadian dollars? How much is a 1988 100000 Mexican peso bill worth? What ideas favored public works projects because the put money into the hands of consumers who would buy more goods and stimulate the economy? When a State planned economy transitions toward a free market economy they engage in privatization of resources. For privatization to be successful what must the State also do? Is it possible for an economy to exist without financial systems? Which wealthy businessman wrote the essay "The Gospel of Wealth," in which he encouraged wealthy people to use their money to benefit society? What is static trade off theory and what are its assumptions?