Reema works as a shift technician in Mehta Textiles Ltd. whereas Shirin works as a Sales Executive in Kashvi Fashion Showroom. Identify the sectors of economy in which Reema and Shirin are working. Evaluate the role of each of these sectors in the Indian economy.
Reema works as a shift technician in Mehta Textiles Ltd. whereas Shirin works as a Sales Executive in Kashvi Fashion Showroom
Reema works in Secondary or Manufacturing Sector whereas Shirin works in the Tertiary or Service Sector.
Role of Secondary/Manufacturing Sector -
This sector covers activities in which natural products are changed into other forms through ways of manufacturing that we associate with industrial activity, hence it is also called as industrial sector.
The product in this sector has to be made and therefore some process of manufacturing is essential, may be in a factory, a workshop or at home. For example, using cotton fibre from the plant, spinning yarn and weaving cloth etc.
This sector provides large scale employment and helps in earning huge revenue. It helps in the development of a nation.
Role of Tertiary/Service Sector -
These are activities that help in the development of the primary and secondary sectors. These activities, by themselves, do not produce a good but they are an aid or a support for the production process. For example, goods need to be transported by trucks or trains and then sold in wholesale and retail shops; they have to be stored in godowns. So, transport, storage, communication, banking, trade are some examples of tertiary activities. Since these activities generate services, the tertiary sector is also called the service sector. It also includes services of teachers, doctors, and those who provide personal services such as washer men, barbers, cobblers, lawyers, and people to do administrative and accounting works. In recent times, certain new services based on
information technology such as internet cafe, ATM booths, call centres, software companies etc. have become important.
Service sector contributes the most to the national economy these days and is further growing.