Question

In 1–4 sentences, name and describe the three kinds of producers in an economy.

Answer 1

The following are the 3 sorts of Producers:

Agricultural (Primary) Producers

These makers chiefly create merchandise identified with farming and its United exercises. They, for the most part, deliver nourishment crops, vegetables, natural products, blossoms and woods items.

Industrial (Secondary) Producers

These makers, for the most part, deliver products identified with industry or assembling units. These makers are occupied with expansive scale, little scale and minor scale modern units.

 Service (Tertiary) Producers

To create both rural and modern products different sorts of administrations are required. These administrations incorporate transport and correspondence administrations, saving money and protection administrations, stockpiling administrations, and so forth.