Sectors of the Indian Economy


Q) What are the main sectors of an economy?

Answer: primary, secondary, tertiary


Q) What is the primary sector?

Answer: extracting natural resources like agriculture, mining, fishing


Q) What is the secondary sector?

Answer: processing natural resources into finished goods like manufacturing, construction


Q) What is the tertiary sector?

Answer: providing services like education, healthcare, transportation


Q) Why is the tertiary sector growing in importance?

Answer: because it creates more jobs and contributes more to GDP


Q) What is underemployment?

Answer: working but not earning enough income


Q) How can we address underemployment in agriculture?

Answer: invest in irrigation, provide credit to farmers, promote rural industries


Q) What are some ways to create more jobs?

Answer: invest in education and healthcare, promote tourism, develop new industries


Q) What is the difference between the organized and unorganized sectors?

Answer: organized sector has regular jobs and benefits, unorganized sector has informal jobs and no benefits


Q) Why is it important to protect workers in the unorganized sector?

Answer: they are often exploited and have low wages


Q) What are some ways to protect unorganized sector workers?

Answer: provide minimum wage laws, social security schemes, skill development programs


Q) What is the public sector?

Answer: government-owned enterprises like railways, post office


Q) What is the private sector?

Answer: privately-owned enterprises like Tata, Reliance


Q) Why does the government provide some services?

Answer: because the private sector may not provide them at a reasonable cost or quality


Q) What are some examples of government services?

Answer: education, healthcare, infrastructure