Sectors of Economic Activities

A sector is one of the broad economic divisions into which numerous enterprises fall. About a dozen categories can be used to define the entirety of economic activity in any given economy. 

In India, there are three distinct economic spheres at play: the primary, secondary, and tertiary levels. The Indian economy can be broken down into two distinct categories: the organized sector and the unorganized sector.

  1. When the production of goods is by extraction and collection of natural resources, it is known as the primary sector. Some examples are farming, forestry, and hunting. 
  2. The Secondary sector covers various activities like natural products, which are changed into other forms with the help of manufacturing. It is the next step, following the primary sector. Some of the manufacturing processes are required and are also known as the industrial sector. Some examples are the use of cotton fibers from the plant, the spinning of yarn, and to weave of the cloth.
  3. The tertiary sector includes the activities which help in the development of primary and also secondary sectors. These activities, do not produce goods but help in the production process. It is also known as the service sector. Some examples are teachers, doctors, and washermen.

CBSE Notes Class 10 Economics Chapter 2 : Sectors of the Indian Economy

An economy is understood better when we study its components or sectors. So, in the CBSE Notes Class 10 Economics Chapter 2- Sectors of the Indian Economy, we will learn important aspects of the 3 types of classification of the economy; primary, secondary, and tertiary, organized/unorganized, and public/private sectors. To understand this chapter better, we will relate the topics to daily life and these topics will help us to familiarise ourselves with some fundamental concepts like employment, Gross Domestic Product, and so forth.

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