Give Short answers:
What are the three sectors of an economy?
The three sectors of an economy are:
Primary sector: Primary sector is the sector that uses natural resources to produce goods. The natural resources play a very important part in this sector. For example, agriculture, fishing, mining, etc.
Secondary sector: Secondary sector is the sector that transforms 1 physical good into another. For example, manufacturing, electricity, water supply, etc.
Tertiary sector: The tertiary sector is the service sector of the economy. It is extremely important in developed countries. For example, health, trade, transport, etc.
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