What is the other name of secondary sector? (2024)

FAQs

What is the other name of secondary sector? ›

The secondary sector can also be called 'the manufacturing sector' or 'the manufacturing industry. '

The secondary sector is also called the manufacturing industry. The main function of it is that it readies the resources or the materials that are raw and which are provided by the primary sector for use in goods and services.

Solution: Agriculture and related sector is other names for the primary sector.

Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development.

The tertiary industry sector makes up the vast majority of employment opportunities and is solely focused on providing services, not goods, to consumers and other organizations. For this reason, it is also known as the service sector.

an industry that manufactures goods rather than producing raw materials, or these industries considered as a group. Compare. primary industry. tertiary industry.

The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector (raw materials) and the secondary sector (manufacturing).

The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary).

Primary sector includes mining and quarrying, poultry farming, fishing, animal husbandry, agriculture, forestry. Secondary sector includes manufacturing activities. Tertiary sector activities include insurance, services, tourism, health, education, banking, communication, transport, trade.

Primary sector: Represents companies that are involved in extracting natural resources and agriculture. Secondary sector: Companies involved in manufacturing, construction, and processing producing goods that use the resources obtained from companies within the primary sector.

Which of the following is the secondary sector? ›

Secondary sector includes manufacturing, electricity, gas and water supply and construction.

The secondary sector is called the industrial sector because the goods in the secondary sector are manufactured or processed in different industries and then available to consumers. For example, cotton from cotton plants is processed in the textile industry to make different cotton clothes.

The secondary sector definition is the production of finished goods, and it is comprised of industries such as manufacturing, construction, and utilities.

Secondary Activities: Definition

It encompasses all industries that manufacture final goods from natural resources extracted in the primary sector. This sector includes industrial output, cotton fabric production, and sugar production. Thus, this sector i.e secondary activities produces goods rather than raw materials.

The secondary sector is important because it promotes the development of the Primary and the Tertiary sectors. It also contributes significantly to the GDP of India and employment basket. It also helps to convert the products from primary sector into consumer usable products.

Primary sector includes agriculture, forestry, animal husbandry, fishing, poultry farming, and mining. Quarrying and manufacturing is included in the secondary sector. Trade, transport, communication, banking, education, health, tourism, services, insurance etc. are included in the tertiary sector.

Secondary sector is also called industrial because the secondary sector is mostly associated with industries. The second sector produces usable and finished goods which are mostly produced in industries.

Secondary sector includes manufacturing and industry. It is also known as production sector. The examples are food industry, textiles, construction, electrical and chemical industry, etc.

The industrial sector is what's known as a secondary sector because the products and services this sector offers to go to other businesses rather than directly to consumers.

Manufacturing and Industry sector, also known as the secondary sector, includes all branches of human activities that transform raw materials into products or goods.