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Primary sector of industry :
The primary sector of industry generally involves the conversion of 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 all mining and quarrying industries.

The downstream 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.

Primary industry is found in larger amounts in poorer countrys, typicaly LEDC's, for instance there are high levels of animal husbandry in Africa but lower levels of animal husbandry in Japan.

Mining was a common and wide spread industry in South Wales and this is a good case study when studying how an economy can come to rely on one form of business.

However in MEDC's primary industry becomes more developed and more high-tech, for instance the mechanization of arable farming opposed to hand picking and planting. In America in the corn belt combine harvesters pick the corn, spray systems distribute large amounts of pesticides, herbicides and fungicides thus proving that the more developed an ecconomy is, the higher the capital that is invested into expansion is.

Groups of MEDC's develop primary industry even further due to the excess wealth. For instance EU subsidies in Europe provide buffers for the fluctuating inflation rates and prices of agricultural produce.

secondary sector of industry :
The secondary sector of industry includes those economic sectors that create a finished, useable product: manufacturing and construction. This sector of industry generally takes the output of the primary sector and manufactures finished goods or products to a point 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 also produce waste materials and waste heat that may pose environmental problems or cause pollution. Divisions of this sector include:

Aerospace manufacturing
Automobile manufacturing
Brewing industry
Chemical industry
Clothing industry
Electronics
Engineering
Energy industries including the production of petroleum, gas and Electric power
Industrial equipment
Metalworking
Radio
Steel production
Steel industry
Software engineering
Telecommunications Industry
Tobacco industry

Tertiary Industry
The segment of the economy that provides services to its consumers. This includes a wide range of businesses including financial institutions, schools, transports and restaurants.

Also known as "tertiary sector of industry," or "service industry/sector".

Investopedia Says: The tertiary industry is one of three industry types in a developed economy, the other two being the primary (raw materials) and secondary (goods production) industries. As an economy becomes more developed, it will shift its focus from primary to secondary and tertiary industries.

The tertiary industry is split into two main categories. The first is made up of companies that are in the business of making money, such as those in the financial industry. The second comprises the non-profit segment, wich includes services such as state education

2006-10-14 02:51:20 · answer #1 · answered by ☺♥? 6 · 0 0

conventional, Is the place the materials are first have been given mutually. So industries like fishing, Mining and quarrying and likewise agriculture and horticulture could be conventional. Secondary is whilst materials are sent to companies for use interior the generating of a commodity. And tertiary is the provider in touch in merchandising the produced commodity to clientele.

2016-10-19 09:24:09 · answer #2 · answered by Anonymous · 0 0

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