Primary Sector Of The Economy
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Primary Sector Of The Economy
The primary sector of the economy includes any industry Industry may refer to: Economics * Industry (economics) In macroeconomics, an industry is a branch of an economy that produces a closely related set of raw materials, goods, or services. For example, one might refer to the wood industry ... involved in the extraction and production of raw materials A raw material, also known as a feedstock, unprocessed material, or primary commodity, is a basic material that is used to produce goods, finished Product (business), products, energy, or intermediate materials that are feedstock for future finish ..., such as farming Agriculture is the science, art and practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary Image:Family watching television 1958.jpg, Exercise trends, Increases in sedentary behaviors suc ..., logging Logging is the process of cutting, processing, and moving trees to a location for transpor ...
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Industry (economics)
In macroeconomics Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics Economics () is a social science Social science is the Branches of science, branch of science devoted to the study of socie ..., an industry is a branch of an economy An economy (; ) is an area of the production Production may be: Economics and business * Production (economics) * Production, the act of manufacturing goods * Production, in the outline of industrial organization, the act of making products ( ... that produces a closely-related set of raw material A raw material, also known as a feedstock, unprocessed material, or primary commodity, is a basic material that is used to produce goods In economics Economics () is the social science that studies how people interact with value; in par ...s, goods In economics Economics () is the social science that studies how people interact with value; in partic ...
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Herbicide
Herbicides (, ), also commonly known as weedkillers, are substances used to control unwanted plant Plants are predominantly photosynthetic Photosynthesis is a process used by plants and other organisms to Energy transformation, convert light energy into chemical energy that, through cellular respiration, can later be released to fuel ...s.EPA. February 201Pesticides Industry. Sales and Usage 2006 and 2007: Market Estimates. Summary in press releasMain page for EPA reports on pesticide use ihere Selective herbicides control specific weed species, while leaving the desired crop A crop is a plant that can be grown and harvested extensively for profit or subsistence. Crops may refer either to the harvested parts or to the harvest in a more refined state. Most crops are cultivated in agriculture or aquaculture. A crop ma ... relatively unharmed, while non-selective herbicides (sometimes called total weedkillers in commercial products) can be used to clear waste groun ...
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National Accounts
National accounts or national account systems (NAS) are the implementation of complete and consistent accounting technique Technique or techniques may refer to: Music * The Techniques, a Jamaican rocksteady vocal group of the 1960s *Technique (band), a British female synth pop band in the 1990s *Technique (album), ''Technique'' (album), by New Order, 1989 *Techniques ( ...s for measuring the economic activity of a nation. These include detailed underlying measures that rely on double-entry accounting Double-entry bookkeeping, in accounting Accounting or Accountancy is the measurement, processing, and communication of financial and non financial information about economic entity, economic entities such as businesses and corporations. Acco .... By design, such accounting makes the totals on both sides of an account equal even though they each measure different characteristics, for example production and the income from it. As a method Method ( grc, μέθοδος, methodo ...
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Economic Sectors
One classical breakdown of economic activity distinguishes three sectors: * Primary Primary or primaries may refer to: Arts, entertainment, and media Music Groups and labels * Primary (band), from Australia * Primary (musician), hip hop musician and record producer from South Korea * Primary Music, Israeli record label Works * ...: involves the retrieval and production of raw materials, such as corn, coal, wood or iron. Miners, farmers and fishermen are all workers in the primary sector. * Secondary Secondary is an adjective meaning "second" or "second hand". It may refer to: * Secondary (chemistry), term used in organic chemistry to classify various types of compounds * The group of (usually at least four) defensive backs in gridiron football ...: involves the transformation of raw or intermediate materials into goods, as in steel into cars, or textiles into clothing. Builders and dressmakers work in the secondary sector. * Tertiary Tertiary ( ) is a widely used but o ...
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Primary Sector Of The Economy
The primary sector of the economy includes any industry Industry may refer to: Economics * Industry (economics) In macroeconomics, an industry is a branch of an economy that produces a closely related set of raw materials, goods, or services. For example, one might refer to the wood industry ... involved in the extraction and production of raw materials A raw material, also known as a feedstock, unprocessed material, or primary commodity, is a basic material that is used to produce goods, finished Product (business), products, energy, or intermediate materials that are feedstock for future finish ..., such as farming Agriculture is the science, art and practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary Image:Family watching television 1958.jpg, Exercise trends, Increases in sedentary behaviors suc ..., logging Logging is the process of cutting, processing, and moving trees to a location for transpor ...
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Three-sector Model
The three-sector model in economics Economics () is a social science Social science is the branch A branch ( or , ) or tree branch (sometimes referred to in botany Botany, also called , plant biology or phytology, is the science of plant life and a bran ... divides economies An economy (from Greek Greek may refer to: Greece Anything of, from, or related to Greece Greece ( el, Ελλάδα, , ), officially the Hellenic Republic, is a country located in Southeast Europe. Its population is approximately 10.7 m ... into three sectors of activity: extraction of raw material A raw material, also known as a feedstock, unprocessed material, or primary commodity, is a basic material that is used to produce goods, finished Product (business), products, energy, or intermediate materials that are feedstock for future finis ...s (primary Primary or primaries may refer to: Arts, entertainment, and media Music Groups and labels * Primary (ba ...
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Resource Curse
The resource curse, also known as the paradox of plenty or the poverty paradox, is the phenomenon of countries with an abundance of natural resource Natural resources are resource Resource refers to all the materials available in our environment which help us to satisfy our needs and wants. Resources can broadly be classified upon their availability — they are classified into renewabl ...s (such as fossil fuel A fossil fuel is a hydrocarbon In , a hydrocarbon is an consisting entirely of and . Hydrocarbons are examples of s. Hydrocarbons are generally colourless and hydrophobic with only weak odours. Because of their diverse molecular structure ...s and certain mineral In geology and mineralogy, a mineral or mineral species is, broadly speaking, a solid chemical compound with a fairly well-defined chemical composition and a specific crystal structure that occurs naturally in pure form.John P. Rafferty, ed. (2 ...s) having less economic growth Economic ...
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United States Dollar
The United States dollar (symbol A symbol is a mark, sign, or that indicates, signifies, or is understood as representing an , , or . Symbols allow people to go beyond what is n or seen by creating linkages between otherwise very different s and s. All (and ) is achieved th ...: ; code In communications and information processing, code is a system of rules to convert information—such as a letter (alphabet), letter, word, sound, image, or gesture—into another form, sometimes data compression, shortened or secrecy, secret, ...: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" in the most specific sense is money Image:National-Debt-Gillray.jpeg, In a 1786 James Gillray caricature, the plentiful money ...
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The World Factbook
''The World Factbook'', also known as the ''CIA World Factbook'', is a reference resource produced by the Central Intelligence Agency The Central Intelligence Agency (CIA; ), known informally as the Agency and the Company, is a civilian foreign intelligence service of the federal government of the United States The federal government of the United States (U.S. fed ... (CIA) with almanac-style information about the countries of the world. The official print version is available from the Government Printing Office A government is the system or group of people governing an organized community, generally a . In the case of its broad associative definition, government normally consists of legislature, executive, and . Government is a means by whic .... Other companies—such as Skyhorse Publishing Skyhorse Publishing, Inc. is an American Independent publisher, independent book publishing company founded in 2006 and headquartered in New York City, wit ...
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International Monetary Fund
The International Monetary Fund (IMF) is an international financial institution, headquartered in Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument The Washington Monument is an obelisk within the National Mall The National Mall is a Landscape architecture, landscaped ..., consisting of 190 countries. It claims to be "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty Poverty is the state of having little material possessions or income In microeconomics, income is the Consumption (economics), consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expresse ... around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference The Bretton Woods Conference, formally kn ...
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Tertiary Sector Of The Economy
The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sector Image:Economic sectors and income.JPG, 250px, 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 a ...s of the three-sector theory The three-sector model in economics Economics () is the social science that studies how people interact with value; in particular, the Production (economics), production, distribution (economics), distribution, and Consumption (econom ..., (also known as the economic cycle). The others are the secondary sector In macroeconomics Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics Economics () is the social science that studies how people interact with value; in particular, the Production ... (approximately ...
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Secondary Sector Of The Economy
In macroeconomics Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics Economics () is a social science Social science is the branch A branch ( or , ) or tree branch (sometimes referred ..., the secondary sector of the economy is an economic sector Image:Economic sectors and income.JPG, 250px, 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 a ... in the three-sector theory The three-sector model in economics Economics () is the social science that studies how people interact with value; in particular, the Production (economics), production, distribution (economics), distribution, and Consumption (econom ... that describes the role of manufacturing Manufacturing is the creation or Production (economics), production of goods with ...
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