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Sectoral Movement

Sectoral movement is defined as the variation in regional gross value added across primary, secondary, and tertiary sectors. Industries are categorized based on income levels and economic activities into these three sectors - primary (agriculture, mining, fishing), secondary (manufacturing), and tertiary (services). Each sector contributes differently to the economy through their economic activities.

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0% found this document useful (0 votes)
536 views1 page

Sectoral Movement

Sectoral movement is defined as the variation in regional gross value added across primary, secondary, and tertiary sectors. Industries are categorized based on income levels and economic activities into these three sectors - primary (agriculture, mining, fishing), secondary (manufacturing), and tertiary (services). Each sector contributes differently to the economy through their economic activities.

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Royjoylee Facun
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Sectoral movement is defined as the relative variation of the regional gross value added in the primary, secondary

and tertiary sector.

The different industries and sectors ensure that the country’s people are employed and contribute to the growing
economy. Industries are categorized into primary, secondary, and tertiary se.qctors based on income levels and
economic activities. These characteristics contribute to the difference between the primary, secondary and tertiary
sectors.

 Primary sector (agricultural sector)


The primary sector of industry is concerned with the extraction of raw materials or natural resources from
the land. Any business that grows goods or extracts materials from the land would be classed as a primary
sector business.

Examples of businesses that operate in the primary sector would be farming, mining, fishing or oil production.

 Secondary sector (industrial sector)


The secondary sector of industry is concerned with manufacturing. This would involve taking the raw
materials from the primary sector and converting them into new products.

Examples of businesses that operate in the secondary sector would be car manufacturers, food production or
building companies.

 Tertiary sector (service sector)


The tertiary sector of industry is concerned with providing a service. Services are activities that are done
by people or businesses for consumers.

Examples of businesses that operate in the tertiary sector would be hairdressers, banks, supermarkets or cinemas.

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