You sectors of the economy they are the division of economic activities carried out in a country.
These activities are classified according to the stages of exploration of natural resources, transformation of raw materials or provision of services.
We can then separate economics into three distinct fields:
- Primary Sector: extraction of raw materials
- Secondary Sector: industry
- Tertiary Sector: sale of intangible goods and services
A country's economy is classified according to the sectors of the economy it is dedicated to.
Therefore, its wealth is measured according to the development of each sector. Thus, the greater the economic concentration in the second and third sectors, the more developed this country will be.
Primary Sector
The Primary Sector is the stage in which production takes place from existing natural resources for exploration.
They are usually linked to agricultural activities (permanent farming, temporary farming, horticulture, etc.), mining, fishing and forestry, livestock, plant extraction, hunting and obtaining other products, whether renewable or not.
In this sector of the economy, economic activities will obtain the primary product through extraction or production.
In the primary sector, the raw materials for the other sectors will be obtained. Despite being fundamental, it has little added value and does not generate much wealth for countries that only exploit economic modality.
Secondary Sector
The Secondary Sector of the economy corresponds to the moment when raw materials are transformed into industrialized products with high added value. This is due to the use of high technologies.
Therefore, it is a sector of considerable wealth for the economic development of countries. However, it is responsible for most of the pollution and environmental degradation on the planet.
Raw materials are transformed into products suitable for consumption or into industrial machinery and tools. In this way, the sector feeds itself and the tertiary sector.
Industry, precisely, is the most important activity in this field. Especially those that purify, process and package the raw material, as well as those that supply water, gas and electricity.
This sector includes industries in the automotive, food, naval, aeronautics, advanced technology, information technology, civil construction, etc. divisions.
Tertiary Sector
The Tertiary Sector is the field of capitalist economy which is currently growing the most and where the products with the highest added value are found. It is characterized by the commercial inclusion of everything that does not include other sectors, where the focus is on interpersonal relationships.
This is also defined as the trade and services sector. This is where the commercialization of tangible and intangible (immaterial) goods takes place, such as the offer of services provided to companies or individuals.
This sector presents a high degree of added value and economic development, typical of developed countries, which concentrate their activities in this category. From these nations will come the big companies like refineries, automobile and machinery.
On the other hand, in the Tertiary Sector, a much more qualified workforce is required, being the field that hires the most workers, often in the capacity of self-employed professionals.
It is worth noting that this is the general trade sector, selling services such as education, health, security, transport, finance, telecommunications, software development, consulting, bringing together a multitude of activities.
In developed and emerging countries, the third sector is very strong. However, problems such as disorderly growth and excess of skilled labor may arise.
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