Pls answer fast! Why are industries called secondary sector?
Dear Student,
a. Industries is referred as the secondary sector as this sector involves use of natural goods and transform them into something more valuable by the process of manufacturing.
b. This sector makes use of land, labour, capital, machinery, entrepreneurship and transform raw material into a more valuable product.
c. This sector may include industries like iron and steel, textile industry etc. It indeed is the next step after primary, as it involves use of natural resources extracted in the primary sector and producing something more valuable, hence is referred as secondary.
Regards
a. Industries is referred as the secondary sector as this sector involves use of natural goods and transform them into something more valuable by the process of manufacturing.
b. This sector makes use of land, labour, capital, machinery, entrepreneurship and transform raw material into a more valuable product.
c. This sector may include industries like iron and steel, textile industry etc. It indeed is the next step after primary, as it involves use of natural resources extracted in the primary sector and producing something more valuable, hence is referred as secondary.
Regards