Jump to content

Primary sector of the economy

From Niidae Wiki
Revision as of 03:56, 9 February 2025 by imported>Mfb (Undid revision 1274715047 by 88.227.216.133 (talk) link spam)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Template:Short description Template:Economic sectors

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.<ref>Template:Cite book</ref><ref>Template:Cite CD.com</ref><ref>Template:Cite book</ref>

The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries. For example, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in sub-Saharan Africa<ref>Template:Cite web</ref> but less than 1% of GDP in North America.<ref>Template:Cite web</ref>

In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with lower-tech methodsTemplate:Efn in poorer countries.<ref>Template:Cite web</ref> More developed economies may invest additional capital in primary means of production: for example, in the United States corn belt, combine harvesters pick the corn, and sprayers spray large amounts of insecticides, herbicides and fungicides, producing a higher yield than is possible using less capital-intensive techniques. These technological advances and investment allow the primary sector to employ a smaller workforce, so developed countries tend to have a smaller percentage of their workforce involved in primary activities, instead having a higher percentage involved in the secondary and tertiary sectors.<ref>H Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (March 1973)</ref>

List of countries by agricultural output

[edit]

Template:Main Template:See also

Template:Bar chart

See also

[edit]

Template:Portal

Notes

[edit]

Template:Notelist

References

[edit]

Template:Reflist

Further reading

[edit]
  • Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (Mar., 1973)
  • Cameron: General Economic and Social History
  • Historia Económica y Social General, by Maria Inés Barbero, Rubén L. Berenblum, Fernando R. García Molina, Jorge Saborido
[edit]

Template:Industries Template:Authority control