Name: Industries and Their Impact on Our Lives
Uploaded: 2019-07-19
Duration: 7 min 5 s
Description: Understanding Industries and Their Impact on Our Lives

Question

Differentiate between primary and secondary activities.

Accepted Answer

Primary Activities:

Those activities, which are carried out to extract resources from nature to be used directly or as a raw material.

It includes activities like agriculture, dairy farming, mining, fishing, etc.

They are pre-dominant in underdeveloped/developing countries

They earn low value and a few got to be processed by secondary activities purchasable in the market.

As economies develop, the role of primary becomes lesser as the manufacturing and service sector contributes more.

They form the idea of village economies.

Secondary Activities:

They convert staples obtained from primary activities into finished goods of upper value.

It is concerned with manufacturing, processing and infrastructural industries.

They are dominant in developed countries.

Produce goods of higher value. They are involved in the process of manufacturing goods by procuring raw materials from the primary sector.

The share of secondary activities increases with development in economies.

Secondary activities along with tertiary, quaternary and quinary activities pave way for the development of urban centres.

Differentiate between primary and secondary activities.

Important Questions on Secondary Activities

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