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SAI INTERNATIONAL SCHOOL
SESSION 2020-21
CLASS-X
ECONOMICS- Ch-2- SECTORS OF INDIAN ECONOMY
LESSON NOTES
SUB-TOPIC- 1
Sectors of Indian Economy
SECTORS OF THE INDIAN ECONOMY
(Pg. No. 19, 20 & 21)
i. Indian economy has been divided into three sectors
a. Primary Sector
Primary sectors activities mean directly using natural resources. It
includes agriculture, dairy farming, fishing etc when we produce goods by
exploiting natural resources.
b. Secondary Sector also known as Manufacturing or Industrial sector
Secondary sector covers activities in which natural resource products are
changed into other forms through manufacturing.
c. Tertiary Sector also known as Service Sector
Tertiary sector activities help in the development of the primary and
secondary sectors
COMPARING THE THREE SECTORS (Pg. No. 22 & 23)
I. The next step, therefore, is to see how much goods and services are produced
and how many people work in each sector. In an economy there could be one
or more sectors which are dominant in terms of total production and
employment, while other sectors are relatively small in size.
ii. there is one precaution one has to take. Not every good (or service) that is
produced and sold needs to be counted. It makes sense only to include the
final goods and services.