Primary sector:
When we produce goods by exploiting natural resources, it is an activity of the primary sector.
Secondary sector:
Covers activities in which natural products are changed into other forms through ways of manufacturing, it is also called as industrial sector.
Tertiary sector:
These are the activities that help in the development of the primary & secondary sector. These activities by themselves do not produce good but they are an aid and support to the production process. Example: Transportation-Goods that are produced in the primary sector need to be transported by trucks or trains and than sold in the wholesale and retail shops; Storage—at times it is necessary to store these products in godowns, which is also a service made available. Communication -talking to others on telephone); Banking-borrowing money from the banks. Since these activities are generate services rather than goods it is also called Service sector.
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