CLASS 10 NOTES
SOCIAL SCIENCE
Sectors of Indian
Economy
PRASHANT KIRAD
, PRASHANT KIRAD
Sectors of Indian Economy
Economic Activity: The activities which are formed to generate income.
Exam me aayega
Classification of Economic Activities:
On the basis of On the basis of On the basis of
Nature employment ownership
Primary sector Organised sector Public sector
Secondary sector Unorganised sector Private sector
Tertiary sector
Primary sector :- Directly connected to nature
AD
When we produce something by exploiting natural resources it is an
activity of the primary sector.
Provides the base for all other products.
R
Related to agriculture, it is also called Agricultural and related sector.
KI
e.g.: Dairy, Farming, Mining etc.
T
Secondary sector :- Industrial sector.
AN
The secondary sector covers activities in which natural products are
H
changed into other forms through ways of manufacturing.
e.g: Cotton to cloth, Sugarcane to sugar
AS
Tertiary sector:- Service sector
PR
They don't produce any goods but these activities provide a service.
Includes services that help in the development of primary and
secondary sectors.
Eg. transport, Cobbler, Doctor, teachers.etc
Comparing the three sectors: Exam me aayega What is
GDP measures the total production of GDP??? 🤔
goods and services. Gross domestic product
The value of final goods and services produced within the
country during a particular year is called GDP.
When we calculate the production of each sector we only
add the value of final goods rather than intermediate
goods because the price of intermediate goods is already
included in final goods.
JOSH METER?
SOCIAL SCIENCE
Sectors of Indian
Economy
PRASHANT KIRAD
, PRASHANT KIRAD
Sectors of Indian Economy
Economic Activity: The activities which are formed to generate income.
Exam me aayega
Classification of Economic Activities:
On the basis of On the basis of On the basis of
Nature employment ownership
Primary sector Organised sector Public sector
Secondary sector Unorganised sector Private sector
Tertiary sector
Primary sector :- Directly connected to nature
AD
When we produce something by exploiting natural resources it is an
activity of the primary sector.
Provides the base for all other products.
R
Related to agriculture, it is also called Agricultural and related sector.
KI
e.g.: Dairy, Farming, Mining etc.
T
Secondary sector :- Industrial sector.
AN
The secondary sector covers activities in which natural products are
H
changed into other forms through ways of manufacturing.
e.g: Cotton to cloth, Sugarcane to sugar
AS
Tertiary sector:- Service sector
PR
They don't produce any goods but these activities provide a service.
Includes services that help in the development of primary and
secondary sectors.
Eg. transport, Cobbler, Doctor, teachers.etc
Comparing the three sectors: Exam me aayega What is
GDP measures the total production of GDP??? 🤔
goods and services. Gross domestic product
The value of final goods and services produced within the
country during a particular year is called GDP.
When we calculate the production of each sector we only
add the value of final goods rather than intermediate
goods because the price of intermediate goods is already
included in final goods.
JOSH METER?
