Question

Which one of the following is also called the agriculture and subsidiary sector?

• A. Primary sector
• B. Secondary sector
• C. Tertiary sector
• D. Quaternary sector

Hint:

Primary sector = agriculture and allied activities; Secondary sector = industry; Tertiary sector = services.

Answer 1

The Correct Option is A

The economy is divided into different sectors based on the type of economic activity:
- Primary sector:
Involves the extraction and harvesting of natural resources, including agriculture, forestry, fishing, and mining. It is also called the agriculture and subsidiary sector because it deals with directly using natural resources. - Secondary sector:
Concerned with manufacturing and industrial production. - Tertiary sector:
Provides services like healthcare, education, transportation, and banking. - Quaternary sector:
Involves knowledge-based services such as research, information technology, and education. Thus, agriculture and allied activities fall under the Primary sector.