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  2. Primary sector of the economy - Wikipedia

    en.wikipedia.org/wiki/Primary_sector_of_the_economy

    The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining. [ 1 ] [ 2 ] [ 3 ] The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries .

  3. Economic sector - Wikipedia

    en.wikipedia.org/wiki/Economic_sector

    Percentages of a country's economy made up by different sectors. Countries with higher levels of socio-economic development tend to have proportionally less of their economies operating in the primary and secondary sectors and more emphasis on the tertiary sector. The less developed countries exhibit the inverse pattern.

  4. Value chain - Wikipedia

    en.wikipedia.org/wiki/Value_chain

    A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer.The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.

  5. List of countries by GDP sector composition - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_GDP...

    Country/Economy Total GDP (USD$) Agricultural (%) Industrial (%) Service (%) Agricultural (USD$) Industrial (USD$) Service (USD$) – World 104,480

  6. Three-sector model - Wikipedia

    en.wikipedia.org/wiki/Three-sector_model

    Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.

  7. Quaternary sector of the economy - Wikipedia

    en.wikipedia.org/wiki/Quaternary_sector_of_the...

    The quaternary sector of the economy is based upon the economic activity that is associated with either the intellectual or knowledge-based economy. [1] This consists of information technology; media; research and development; information-based services such as information-generation and information-sharing; and knowledge-based services such as consultation, entertainment, broadcasting, mass ...

  8. Tertiary sector of the economy - Wikipedia

    en.wikipedia.org/wiki/Tertiary_sector_of_the_economy

    For the last 100 years, there has been a substantial shift from the primary and secondary sectors to the tertiary sector in industrialized countries. This shift is called tertiarisation. [2] The tertiary sector is now the largest sector of the economy in the Western world, and is also the fastest-growing sector.

  9. Economy of the Caribbean - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_Caribbean

    While agriculture is the major economic land-use activity in many Caribbean countries, agriculture accounts for a declining percentage of most islands' GDP. However, unlike many developed countries, this trend may be accounted for by a growing tertiary sector , as opposed to industrial growth, except for Trinidad and Tobago and Mexico.

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