question_answer

With the example of sugarcane, explain the interdependence of all the three sectors of the economy.

Answer:

Our economy is divided into three sectors.

(i) Primary sector - Directly dependent on nature.

(ii) Secondary sector - Conversion of natural things into useful products.

(iii) Tertiary sector - Service sector.

Sugarcane is a natural product which we grow naturally, that makes it as the part of primary sector. When it is converted into sugar or jaggery, it needs machines to perform task, like sugar mills that ultimately makes it a part of secondary sector and use of transport, banking service or other service sector to export sugar to the markets and sugarcane to the factories becomes a part of tertiary sector. By this example, we can understand that most of the time every three sectors work together to perform various task.