The _____ sector of an economy involves group of activities related with extraction of raw materials directly from nature.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1: Primary.
Explanation:
- The Primary sector of the economy comprises activities directly linked to the exploitation of natural resources and the extraction of raw materials.
- Key Activities: Agriculture, Forestry, Fishing, Mining, and Animal Husbandry.
- Significance: This sector serves as the foundation for raw materials for the *Secondary* sector (Manufacturing).
- Workforce: Workers engaged in this sector are often referred to as 'Red Collar Workers' because their work is performed outdoors and relies on physical labor.
Comparison of the Three Major Sectors of the Economy (Quick Revision):
| Sector | Description | Examples |
|---|---|---|
| Primary | Direct utilization of natural resources | Farming, Mining, Dairy Production |
| Secondary | Transforming raw materials into finished goods (Manufacturing) | Textile Industry, Car Manufacturing, Bread Making |
| Tertiary | Provision of services | Banking, Education, Transport, Healthcare |
Important Questions for Upcoming Examinations:
Question: Which sector provides the highest amount of employment in the Indian economy?
Answer: The Primary Sector (specifically Agriculture).
Question: In which sector is 'Disguised Unemployment' primarily observed?
Answer: The Primary Sector (Agriculture).
Question: Which sector currently contributes the most to India's Gross Domestic Product (GDP)?
Answer: The Tertiary (Service) Sector.