Questions
5
Q1
Differentiate between primary, secondary, and tertiary sectors.
The primary sector produces goods by directly using natural resources, such as farming, fishing, and mining. The secondary sector converts raw materials into finished goods through manufacturing and construction. The tertiary sector provides services such as transport, trade, banking, education, and health.
Q2
How are the three sectors of the economy interdependent?
The sectors depend on each other because primary activities supply raw materials, secondary activities process them, and tertiary services support production and distribution. For example, agriculture needs tools, transport, storage, credit, and markets to function well.
Q3
Why has the tertiary sector become important in India?
The tertiary sector has grown because agriculture and industry need more services, incomes have risen, and demand has increased for education, health, transport, communication, banking, insurance, and information technology. Many new services also support modern production.
Q4
Compare organised and unorganised sectors.
The organised sector has registered enterprises, regular work, fixed wages, job security, and legal benefits. The unorganised sector has small scattered units, irregular employment, low wages, and limited protection. Many workers in India still depend on unorganised work.
Q5
Differentiate between public and private sectors.
In the public sector, assets are owned and services are provided by the government, often for public welfare. In the private sector, assets are owned by individuals or companies and activities are generally guided by profit. Both sectors can contribute to development.