This is the most widely accepted standard classification of economic activities. The primary sector involves the extraction of raw materials, the secondary sector involves manufacturing and processing, and the tertiary sector involves services.
An economy may be analytically classified into -
Asked in WBPSC CS Prelims 2015 · Topic: Nature of Indian Economy (Sectoral Composition and Structural Transformation)
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Answer: C. Primary, Secondary and Tertiary Sectors
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