Page 1 - Cl 6 Sub topic 2 LN 2 Econimic activities around us

SAI INTERNATIONAL SCHOOL
CL VI

SUBJECT – ECONOMICS

CHAPTER – Economic activities around us
Tertiary Sector :

 Tertiary sector economic activities are a group of activities that include the services that

support both primary and secondary sectors, such as transportation, banking and

management of business.

 This sector is also called the service sector. Some examples of tertiary sector activities

include fruit or vegetable vendors selling the farm produce to household consumers.

 Doctors, nurses, teachers, lawyers and pilots who provide their services to those who need

them are also included in the tertiary sector.

Interdependence among Sectors :

 The three types of economic activities or economic sectors play an important role in the

process of conversion of natural raw materials into finished products for final consumption.

 These three sectors are interdependent. For example, extracting pulp from trees to make

paper and finally producing a book, requires all the three sectors to work together.

 Another example to understand the interdependence of three sectors is the co-operative,

named Anand Milk Union Limited (AMUL). It was set up in 1946 under the leadership of

Tribhuvandas Patel and Dr. Varghese Kurien. The activities of this co-operative are

interconnected in the following ways

 Primary Activities The milk used at AMUL is sold in the market at a later time. This

process is a primary activity as the product (milk) is obtained directly from the natural

resource (cows).