The term "primary industry" refers to economic pursuits that make use of natural resources including plants, water, and land. Moreover, a collection of economic activities known as secondary industry give value to environmental assets. Construction, manufacturing, and processes all create value. The Tertiary industry is the third type and accounts for the majority of the Indian economy. Production and transportation comprise the tertiary industry's primary economic activity. Let's go into more depth about each category and how they differ in the parts that follow.
Primary industry is crucial for emerging nations. It is also referred as the agriculture and related sector and consists of operations with an agricultural focus. It makes use of the environment's natural resources to create things like crops, minerals, and livestock. The primary industry's outputs are used as raw materials by the secondary industry.
Primary industries are essential for the economy of underdeveloped and emerging countries. The primary sector employs a large number of people since they lack access to modern machinery. The activities in industrialised countries require less labour because they don't rely on main activities and use contemporary technologies. Workers in this sector are often known as red-collar employees. About 21.82% of the GDP is contributed by the primary industries in India.
The primary industries can be further broken down into two groups.
1. Genetic industry: The growth of fruits and vegetables, management of fisheries and cattle, and other activities are all related to the genetic industry. The effectiveness and quantity of products are increased by human participation and the application of scientific techniques.
2. Extractive industries: These businesses gather natural resources from the ground or other sources, clean them up, and then refine them. These goods cannot be grown like genetically modified food. For instance, extracting petroleum products, mining coal, etc.
1. Agriculture: Agriculture includes farming and its associated activities. It is the practice of developing soil, growing produce, and caring for livestock.
2. Fishery: Fish are raised and harvested at a fishery. The act of gathering and selling fish is also included. Large corporations with enormous vessels and lone or small fishermen make up this sector.
3. Forestry: Trees are farmed and harvested for their wood, timber, and other basic materials. Many secondary as well as tertiary activities use wood as a basic material.
4. Large mining firms are significant actors in the sector. They take minerals, iron ore, and other substances from the earth. Depending on what the elements require, several strategies are employed. A primary mining operation may cooperate with secondary and tertiary endeavours.
5. Animal rearing is the focus of the agricultural discipline known as animal husbandry. Its products include milk, beef, wool, and other things. Milk is used as a raw element in numerous dairy products. The administration, breeding, and rearing of livestock are all part of animal husbandry.
So these are the primary industries that you must know about.
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