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Why do we need to divide our economy into three sectors.​

User Tdurnford
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ANSWER:

We need to divide our economy into three sectors because the economy is very vast and we cannot keep every sector under the same roof.

Step-by-step explanation:

  • The economy is divided in to three sectors namely – primary sector, secondary sector and tertiary sector.
  • This division is necessary so that we can categorize the population according to their work and get an idea about how to solve their problems.
  • As each sector faces different kinds of problems, there need to be different kinds of solutions which cannot be given if there is no division of economy.
  • There are other sectors as well such as private and public sectors and organized and unorganized sectors.
User Bhavin Shah
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