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Questions
What is primary sector?
What do you mean by primary sector?
Long Answer
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Solution
The primary sector is the part of an economy that directly utilizes natural resources to produce goods. It includes activities such as agriculture, forestry, animal husbandry, dairy, poultry, fisheries, mining, and extraction of oil and gas. Goods produced by this sector are known as primary goods or natural products. This sector is called “primary” because it forms the base for all other products that are produced in the economy. It is also often referred to as the agricultural sector or agricultural and allied activities sector.
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