All the three sectors of the economy are interdependent. Explain their interdependence taking iron ore as an example.

All the three sectors of the economy are interdependent.For example ,Taking iron ore as an example:

1)Primary sector involves basic activities like fishing,agricultre including mining.By the process of mining,iron ore is obtained.

2)But iron ore cannot be used as it is without futher proccesing.This is done in the secondry sector.

3)Then this Iron and materials made out from this is taken to market by using transportation which is a teritiary sector.

From these examples we can say that in now a days interdependency of these 3 sectors is unavoidable.

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All the three sectors of the economy are interdependent.For example ,Taking iron ore as an example:

1)Primary sector involves basic activities like fishing,agricultre including mining.By the process of mining,iron ore is obtained.

2)But iron ore cannot be used as it is without futher proccesing.This is done in the secondry sector.

3)Then this Iron and materials made out from this is taken to market by using transportation which is a teritiary sector.

From these examples we can say that in now a days interdependency of these 3 sectors is unavoidable.

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yo yo
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thankzzzz
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Economic activities, though grouped into three different categories, are highly interdependent. Raw materials are produced in Primary sector and processed into finished items in Secondary sector. Assistance is provided by Tertiary sector to these two activities. Lets take an example of iron-ore. It is extracted in mining which is a Primary activity, then it is transported to industries for making pig-iron and steel in iron and steel plant, which is a Secondary activity. Transportation and finance services are provided to these two sectors by Tertiary sector.
 
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