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1 year ago

Explain the importance of the primary sector and provide an example

Business

1 answer:

lesya692 [45]1 year ago

3 0

Hey there, your answer is below:

The input for the secondary sector comes from the primary sector. It comprises of all the raw materials that the secondary sector needs to process and produce goods. It generates money for some nations and can be considered "cash crops" because to its importance and worldwide commerce in sustaining the secondary sector, which is growing. This covers forestry, fishing, mining, and agriculture. In contrast, the tertiary sector creates services, while the secondary sector creates manufactured items. In less developed nations, the primary sector is frequently more significant than in industrialized nations.

Thank you,

Eddie

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igomit [66]

Answer:

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Explanation:

Given that,

Beginning inventory = $2,500

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Therefore,

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