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The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining. [ 1 ] [ 2 ] [ 3 ] The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries .
Primary: involves the retrieval and production of raw-material commodities, such as corn, coal, wood or iron. Miners, farmers and fishermen are all workers in the primary sector. Secondary: involves the transformation of raw or intermediate materials into goods, as in steel into cars, or textiles into clothing. Builders and dressmakers work in ...
According to the three-sector model, the main focus of an economy's activity shifts from the primary through the secondary and finally to the tertiary sector. Countries with a low per capita income are in an early state of development; the main part of their national income is achieved through production in the primary sector. Countries in a ...
In these industries, the product (that is, the focus of production) is a natural resource. Agriculture ( outline ) – cultivation of animals, plants, fungi, and other life forms for food, fiber, and other products used to sustain life.
Primary industries (11 C) M. Mining (36 C, 42 P) Pages in category "Primary sector of the economy" This category contains only the following page.
Category: Primary industries. 16 languages. ... Natural gas industry (3 C, 2 P) P. Petroleum industry (17 C, 71 P) S. Salt industry (3 C, 10 P)
Industry classification or industry taxonomy is a type of economic taxonomy that classifies companies, organizations and traders into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets.
This is the list of countries by purely nominal gross domestic product (GDP) sector composition. By economic sector ... Industry % of GDP