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What are the factors of the economic sectors?
The factors of the economic sectors:
• Primary sector including natural resources as like agriculture, fishing, quarrying mining and forestry.
• Secondary sector including the production of goods into the economy, that is transforming materials produced through the primary sector as like energy construction and manufacturing
• Tertiary sector giving services as like banking, insurance, finance, retail, transport and education.
• Quaternary sector including information processing as like education, research and growth, administration and financial services as like accountancy.
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The prevention of main swings in economic activity can be handled most simply by the household sector. Explain why?
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