Secondary Sector
We rely on the secondary sector for all manufacturing and industrial needs. Without this sector, the raw materials would not be processed into the finished product. Moreover, the secondary sector is also responsible for activities such as the construction of public buildings, utilities, etc.
All the consumer staples come from this sector. Examples of the secondary sector include the production of textiles, handicrafts, car manufacturing, etc. The two categories of the secondary sector are:
- Small-scale industry: Industries that do not require a large amount of capital investment in equipment, plants, etc. to operate.
- Large-scale industry: Industries that require large-scale investment and produce high quantities of items are large-scale industries.
Related Questions:
Comments
write a comment