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Comparing the Three Sectors Video Lecture | Social Studies for Class 6

FAQs on Comparing the Three Sectors Video Lecture - Social Studies for Class 6

1. What are the three main sectors of the economy?
Ans. The three main sectors of the economy are the primary sector, the secondary sector, and the tertiary sector. The primary sector involves the extraction of natural resources, the secondary sector focuses on manufacturing and industry, while the tertiary sector encompasses services such as education, healthcare, and retail.
2. How does the primary sector contribute to the economy?
Ans. The primary sector contributes to the economy by providing raw materials and natural resources. It includes activities like agriculture, fishing, forestry, and mining, which are essential for producing food, building materials, and other goods.
3. What role does the secondary sector play in development?
Ans. The secondary sector plays a crucial role in development by transforming raw materials into finished goods. This sector includes industries like manufacturing, construction, and processing, which create jobs and contribute to economic growth by adding value to raw materials.
4. Why is the tertiary sector important for society?
Ans. The tertiary sector is important for society because it provides essential services that support daily life and economic activity. This includes services like healthcare, education, banking, and transportation, which improve the quality of life and facilitate trade and commerce.
5. How are the three sectors interconnected?
Ans. The three sectors are interconnected as they rely on each other for the functioning of the economy. The primary sector supplies raw materials to the secondary sector, which processes them into goods. The tertiary sector then provides services that help distribute and sell these goods to consumers, creating a complete economic cycle.
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