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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