For the class 10 students, Sectors of the Indian Economy is considered as an important chapter in Economics.
This article will highlight the key differences between the Primary, Secondary and Tertiary sectors.
But, before proceeding further, I would like to make you familiar with the key terms used in this article.
- Primary Sector (Agriculture and related sector): When we form a good by exploiting the natural resources, it is considered as the primary sector.
- Secondary Sector (Industrial sector): It includes the activities in which natural products are converted into other useful forms through ways of manufacturing that we associate them with industrial activity.
- Tertiary Sector (Service sector): This sector supports the development of primary and secondary sectors.
I’ve decided to provide you with the key differences between primary, secondary and tertiary sector and put them all in the tabular format.
Key Differences Between Primary, Secondary and Tertiary Sector
|Primary Sector||Secondary Sector||Tertiary Sector|
|It is also known as agriculture or related or allied sector services.||It is also known as manufacturing or industrial sector.||It is also known as service sector.|
|This sector provides raw material i.e. base product for goods and services.||This sector converts natural products into other useful forms through manufacturing.||This sector provides useful services for the primary and secondary.|
|The primary sector is an unorganized sector.||The secondary sector is an organized sector.||This sector is well organized.|
|This sector also uses traditional techniques for production.||This sector uses better methods of production than primary.||This sector uses modern day logistics techniques for performing tasks.|
|Activities in this sector consist of agriculture, forestry and mining.||It includes manufacturing units, small scale units, large firms and multinational corporations.||Banking, communication, trade are included in this sector.|
|In developing countries, like India, this sector contains a large section of the workforce as employed, compared to developed nations.||The employment rate in this sector is equilibrium as a specialized set of skills is required to find employment.||This sector’s employment share has raised in the ensuring years (from 2003).|
|For example, for making sugar we take sugarcane from the field as raw material.||For example, sugarcane is changed into sugar or gur.||For example, transportation of sugar to godowns.|
So, that’s all.
All the important differences between Primary, Secondary and Tertiary Sectors in Chapter 2 Sectors of the Indian Economy from the NCERT class 10 are listed above in the table format.
If you have any related queries or suggestions, feel free to let me know in the comments right now.