Chapter 2 · Question 2
How are the three sectors of the economy interdependent?
Q2
How are the three sectors of the economy interdependent?
Answer Revealed
Direct Answer:
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.
Simple Explanation
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.
Exam-Ready Structure
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.
Key Points
- 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.