#Primary economic activity examples series#
If the production process is organised as an integrated series of elementary activities within the same statistical unit, the whole combination is regarded as one activity. Thus, an economic activity is characterised by an input of resources, a production process and an output of products (goods or services).Īn activity as defined here may consist of one simple process (for example weaving), but may also cover a whole range of sub-processes, each mentioned in different categories of the classification (for example, the manufacturing of a car consists of specific activities such as casting, forging, welding, assembling or painting). The workforce who is readily involved in this sector is typically well-educated, and people are often seen earning well through their participation in this industry.An economic activity takes place when resources such as capital goods, labour, manufacturing techniques or intermediary products are combined to produce specific goods or services. It also includes intellectual activities and services as research and development (R&D), media, culture, and information and communications technology (ICT). The services involved in this type of economy are outsourced in varied forms as the doctor’ services, elementary schools and university classrooms, theaters, and brokerage firms.
#Primary economic activity examples software#
The Quaternary sector is an improved form of tertiary sector as it involves the services related to the knowledge sector, which includes the demand for the information- based services like taking the consultancy from tax managers, statisticians and software developers. People who are serving in this sector are generally the white-collar job holders and involve communication from the distant places too. This also helps in spending on the luxury items and tourism industry too. It is seen that nearly 80% of the workers are related to this industry in sourcing out the best services and has even improved the income standards.
Early men lived in the backwoods and supported their life by hunting creatures. Hunting and Gathering Hunting and assembling are the most seasoned crude exercises of man. It supplies services to the immediate consumers and the business houses and it includes services related to retail, transportation, hotels, sales and much more. Examples of Primary Activities Hunting and Gathering Pastoralism Nomadic Herding Business Livestock Rearing Mining and quarrying Agriculture Fishing Forestry 1. The Tertiary Sector is actually the service sector, which involves the giving away direct services to its consumers. The examples of various industries are raw wool, which is woven into better quality wool and woolen clothing, wood is converted into furniture, textiles into various clothes and steel is made into cars, aerospace manufacturing, shipbuilding and much more like industries are related to it. In the developed country like the U.S.A., nearly 20% of the workforce is involved in this sector, and they are known as the blue-collar workers. This sector has developed because of the demand for more goods and services, and it also helps in the industrialization process. Secondary Industries involves the transformation of the raw material into the finished or manufactured goods. However, in the recent years, it has been seen that due to the introduction of technology in this sector, it has shown a decline. It involves both renewable and non-renewable resources in the Primary Industry. In most of the developed countries and the developing one’s, the workers are readily engaged in this sector, and they are known as the red-collar workers. The activities of the Primary Sector include mining, fishing, and agriculture, which includes both subsistence and commercial, grazing, hunting, farming, and quarrying.
The products are harvested or extracted from the Earth and include the production of basic food items.
This sector is related to the production and retrieval of raw materials such as coal, iron, and wood.
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