Production of a commodity through exploitation of natural resources is an activity in thea)primary sectorb)secondary sectorc)tertiary sectord)Information Technology sectorCorrect answer is option 'A'. Can you explain this answer?

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Production of a commodity through exploitation of natural resources is an activity in the

a)
primary sector
b)
secondary sector
c)
tertiary sector
d)
Information Technology sector

Correct answer is option 'A'. Can you explain this answer?

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Important Questions (1 Mark): Sectors of the Indian Economy

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Production of a commodity through exploitation of natural resources is...

Primary sector is the economic sector that produce goods by exploiting the natural resources because it forms the base for all the products that are associated directly with land and water. Production of wheat, vegetables, milk , marble and coal are some examples of this sector. Most of the natural products we get our from agriculture, fisheries, forestry, mining, etc.
Primary sector is important to the Indian economy because it provides employment to largest section of population. It provides raw materials such as sugar, jute, cotton etc to industries. It also forms a significant part of country's GDP. Primary sector is also called agriculture and related sector.

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Production of a commodity through exploitation of natural resources is...

Primary Sector

The primary sector of the economy includes activities that involve the extraction and production of natural resources. It is the first stage of economic activity and involves the direct exploitation of natural resources from the Earth. This sector is also known as the primary production sector or the extractive sector.

Explanation:

1. Definition and Examples:
- The primary sector involves activities such as agriculture, fishing, mining, forestry, and oil extraction. These activities directly utilize natural resources to produce raw materials.
- For example, in agriculture, crops are grown and harvested, while in fishing, fish are caught from rivers, lakes, or oceans. In mining, minerals and ores are extracted from the ground, and in forestry, trees are cut down for timber production.

2. Role in the Economy:
- The primary sector plays a crucial role in the economy as it provides the necessary raw materials for further production in the secondary and tertiary sectors.
- The raw materials produced in the primary sector are used as inputs in various industries, such as manufacturing, construction, and services.
- Without the primary sector, the production of goods and services in the secondary and tertiary sectors would not be possible.

3. Importance of Natural Resources:
- The primary sector relies heavily on natural resources, which include land, water, minerals, and forests.
- These natural resources are essential for the production of commodities that meet the basic needs of people, such as food, shelter, and clothing.
- Exploiting natural resources sustainably is crucial to ensure their availability for future generations.

4. Environmental Impact:
- The primary sector's activities can have significant environmental impacts, especially if not managed sustainably.
- Overexploitation of natural resources can lead to deforestation, soil erosion, depletion of fish stocks, and pollution.
- Therefore, it is important to implement sustainable practices in the primary sector to minimize its negative impact on the environment.

In conclusion, the production of commodities through the exploitation of natural resources is an activity that belongs to the primary sector of the economy. This sector plays a vital role in providing raw materials for further production in the secondary and tertiary sectors. However, it is crucial to manage the exploitation of natural resources sustainably to ensure their availability for future generations and minimize environmental impacts.

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Production of a commodity through exploitation of natural resources is...

Primary sector

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