what is an example of a secondary economic activity
What are the sectors of the economy?
Human activities which render income are known equally economic activities. Economic activities are broadly grouped into primary, auxiliary, third activities. Higher services under tertiary activities are again top-secret into quartet and quinary activities.
Let us first understand the differences between the different sectors of the economy, so that it will personify easier for us to infer the factors causative the location of primary, secondary, and tertiary sector industries in various parts of the human race (including Republic of India).
Primary activities
Primary activities are directly hanging down on the surroundings as these refer to utilisation of earthly concern's resources such as land, water, vegetation, building materials and minerals. It, thus includes hunting and gathering, pastoral activities, fishing, forestry, agriculture, and mining and quarrying.
People engaged in primary activities are called red-collar workers referable the outdoor nature of their work.
Subordinate activities
Secondary activities add respect to natural resources past transforming raw materials into valuable products. Secondary activities, therefore, are related to with manufacturing, processing and construction (substructure) industries.
People connected in secondary activities are called blue-collar workers.
Tertiary activities
Third activities include both production and exchange. The production involves the 'provision' of services that are 'consumed. Exchange involves trade, deligh and communication facilities that are used to surmount distance.
Tertiary jobs = Pink-collar jobs.
Quaternary activities
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Age of Man activities are specialized tertiary activities in the 'Noesis Sector' which demands a separate assortment. There has been a really high emergence in demand for and consumption of data-based services from reciprocating monetary fund managers to tax consultants, software developers and statisticians. Personnel working in place buildings, elemental schools and university classrooms, hospitals and doctors' offices, theatres, accounting and brokerage firms all belong to this category of services. Corresponding many of the tertiary functions, quaternary activities can besides represent outsourced. They are non tied to resources, affected aside the environment, or necessarily localised aside market.
Quinary activities
Quinary activities are services that focus on the creation, re-transcription and rendering of radical and present ideas; data version and the usance and evaluation of new technologies. Often referred to As 'gold arrest' professions, they represent another subdivision of the tertiary sphere representing special and highly paid skills of older business executives, governance officials, research scientists, financial and legal consultants, etc. Their importance in the structure of advanced economies cold outweighs their Numbers. The highest level of decision-makers or policymakers performs quinary activities.
Quinary = Metallic collar professions.
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what is an example of a secondary economic activity
Source: https://www.clearias.com/sectors-of-economy-primary-secondary-tertiary-quaternary-quinary/
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