How sectors of economic activities are dependent on each other? Explain with example.

Asked by vatsalchoudhary41 | 7th May, 2015, 05:46: AM

Expert Answer:

The agriculture and the industrial sector deal with the economic activities related to natural resources and manufacturing of goods respectively. While the service sector includes activities that provide several services such as transport, banking, communication, education, etc.

Indian agriculture supplies necessary raw materials to many of the agro-based industries and they provide a large market for variety of industrial goods. Similarly, advancement in cultivation techniques and the productivity of land and agricultural labour depend to a large extend on the adoption of pump sets, power-tillers, tractors, chemical fertilisers etc. which are supplied by the industrial sector. 

Industrial sector perform manufacturing activities with the help of service sector. It requires transport service for the movement of raw materials from agricultural sector to the places of production. It also depends on the service sector for educational, health services to improve the skills and efficiency of the person working in a factory.

The service sector depends on industrial sector for manufactured products such as computer, printers, electricity, etc. Also, people in service sector purchase consumer products such as television for entertainment, cloth for stitching dress, etc. which are produced in the industrial sector.

Answered by Tharageswari S | 7th May, 2015, 09:14: AM

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