The economy is the field of study whose main purpose is to analyze how the various sectors of a population such as companies, entities, governments and others manage all the resources that they obtain to meet their needs or desires and thus achieve good quality of life .
Within any country in general, its economy is totally focused on certain vital factors to ensure its proper functioning within the state or region as such. These primary factors fully condition the proper development and functioning of the economy .
The changes that are generated in these sectors can change the course of the economy of an entire country, either for improvements or for serious inconveniences. Therefore, all the steps and actions that are carried out to control these factors must be inspected, studied, analyzed and taken with complete caution.
These factors govern the economy as such and it is divided into 3 sectors . Below we will tell you about each of these factors, what they focus on, what they deal with and how they help the economy of a specific place in general. Stay with us and find out the details.
What is the primary sector?
The general approach of the primary sector goes totally hand in hand with the actions and activities that come from obtaining raw material extracted from the natural and animal environment as such. This is considered in a large number of countries and regions as the most predominant sector or factor that exists among the 3.
On the part of this sector we can denote some essential processes within its approach such as fishing, agriculture, forestry, expropriation of natural materials, livestock and mining. All these characteristics are vital for the proper functioning of a nation , as well as being necessary.
One of the countries that has the primary sector as a strong point within the nation is Argentina, since they have a very powerful production process in livestock and agriculture that is recognized in the world, thus generating profits for the entire nation based on work exercised in these sectors.
What is the secondary sector?
This sector is present on large scales in a large number of countries or regions , in itself it is essential for the functioning of the economy and controls its management to a certain extent. The secondary sector is totally focused on industries, companies, specific entities, companies, among others.
Its main objective is the process of modifying products or raw materials, therefore its base is industrialization and manufacturing . The development of this sector encourages different variants within the economy, demonstrating progress and good performance within the conditioning to which it is subjected.
The industries or construction companies on the other hand, in addition to generating wealth to the nation, can create job offers for all those workers who are unemployed or do not get opportunities, in this way eradicating or attacking a good part of another great problem currently present in various countries .
What is the tertiary sector?
This is an essential part of the pillar structure of any country or region, otherwise we would be living and spending our years in a wild state, full of illiteracy and anarchy at certain points. Therefore this sector ends up being of great importance within the factors that condition the economy .
The tertiary sector focuses on all those services that the state can provide to its population , as well as allow said people to have the capacity to be part of it. All these are represented as important economic actions that can generate profit or loss to the respective country.
Within this we can denote some important points and characteristics such as education, transport, tourism, finance, health, leisure and entertainment. All of these are part of the essential services offered to society. These must present remarkable quality .
If a country does not possess these respective qualities, characteristics and essential powers within the structure of a nation, it can come to be considered as the third world , a name given to those precarious countries.
