The economic activities of a nation can be mainly classified into three sections or parts.
They are
- Primary Sector;
- Secondary Sector, and
- Service Sector.
(1) Primary Sector: It includes agriculture and agriculture related activities such as cattle rearing-, cattle breeding, fishing, poultry farm, collection of forest products, mining of raw metal, etc.
(2) Secondary Sector: In general, this sector is also called ‘industry’. It (Industry) includes small and large scale industries, factories, construction, electricity production and supply, gas and water supply, etc. Thus, secondary sector or “Industry’ includes production of each and every item right from small pin to gigantic machines.
(3) Service Sector: As the name suggests this sector includes all the services. Services like trade, communication, airways, waterways, education, health, banking and insurance, tourism and entertainment, etc. are included in this sector.
