📚 Learning Guide
Economic Sectors
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How do the three economic sectors interact to drive economic growth in an economy?

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Learning Path

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Choose the Best Answer

A

The primary sector provides raw materials that the secondary sector transforms, while the tertiary sector supports both through services.

B

The tertiary sector generates profits that directly fund the primary sector's raw material extraction.

C

The secondary sector is the only sector that contributes to economic growth by manufacturing goods.

D

The primary sector and tertiary sector operate independently of the secondary sector.

Understanding the Answer

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Answer

The three economic sectors—primary, secondary, and tertiary—work together to help an economy grow. The primary sector involves extracting natural resources, like farming and mining, providing raw materials. These materials are then processed in the secondary sector, which includes manufacturing and construction, turning them into finished products. Finally, the tertiary sector offers services, such as retail and healthcare, that support both the primary and secondary sectors and help distribute goods to consumers. For example, a farmer (primary) grows crops that a factory (secondary) processes into packaged food, which is then sold by a store (tertiary) to customers, creating jobs and boosting the economy along the way.

Detailed Explanation

The primary sector gets raw materials from nature. Other options are incorrect because This answer suggests that services make money for the primary sector; This answer says only the secondary sector helps the economy grow.

Key Concepts

Economic Sectors
Economic Growth
Interdependence
Topic

Economic Sectors

Difficulty

medium level question

Cognitive Level

understand

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