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Primary resources refer to raw materials or Natural Resources that are extracted or harvested from the environment, such as minerals, fossil fuels, timber, and agricultural products. Principal products are the main goods produced from these resources, such as electricity from coal, paper from timber, or food products from crops. Together, these resources and products form the foundation of various industries and economies.

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What is the role played by the primary sector in the economy of your country?

The Primary sector of the economy is the change of natural resources into primary products, it is the first step followed by the secondary and tertiary sectors. Most products from this sector provides raw materials for other industries.


Why does a fisherman fall under primary sector?

A fisherman falls under the primary sector because this sector involves the extraction and harvesting of natural resources directly from the environment. Fishing is a basic economic activity that provides raw materials, such as fish, which are essential for food and other products. As a primary producer, a fisherman directly engages with natural resources, making their activities foundational to the economy.


Why is the primary sector called primary?

Primary means first or basic. The primary sector deals with natural resources. For example oil extraction or meat production. These industries use natural resources to make a product to sell.


What three kinds of resources does a business need to manufacture products?

Natural resources, human resources, and capital resources.


What countries rely on primary products?

Countries that rely heavily on primary products often include those rich in natural resources, such as Venezuela (oil), Nigeria (oil and gas), and many nations in sub-Saharan Africa like Zambia (copper) and Botswana (diamonds). Additionally, agricultural-based economies like Ethiopia and Brazil depend significantly on primary products like coffee and soybeans, respectively. These countries often face economic challenges due to fluctuations in global commodity prices and may struggle to diversify their economies.

Related Questions

What happens in the primaries?

Is where you change Natural Resources into primary products. Primary products are considered raw materials for other industries.


What is primary occupation and its information?

primary occupations are those occupations which produce products directly from the natural resources


Who is the principal at Jean Batten Primary school today 2010?

Jeff Bruce is the principal of Jean Batten Primary


Is oil a primary product or a secondary product?

Oil is considered a primary product as it is extracted directly from natural resources such as crude oil reserves. Secondary products are derived from primary products through further processing or manufacturing. Oil can be refined into secondary products like gasoline, diesel, and jet fuel.


6 differences between primary and secondary product?

Primary products are raw materials obtained directly from natural resources, such as agricultural crops, minerals, and fish. In contrast, secondary products are manufactured goods that result from processing primary products, like flour from wheat or steel from iron ore. Additionally, primary products are typically unprocessed and sold in their natural state, while secondary products undergo various production processes. Lastly, primary products often have a lower market value compared to the higher value-added secondary products.


Can the primary diagnosis and principal diagnosis be the same?

no


What word has the same meaning for primary?

Chief, main, and principal are some of the synonyms for primary.


What were the principal products that the Greeks cultivated?

Olives


What is the role played by the primary sector in the economy of your country?

The Primary sector of the economy is the change of natural resources into primary products, it is the first step followed by the secondary and tertiary sectors. Most products from this sector provides raw materials for other industries.


2 principal products of the south is tobacco and what?

The other principal product of the southern States is cotton.


How do you spell primery?

The correct spelling is "primary" (principal, prime).


Who was elwood primary schools first principal?

barb smith