The primary sector involves economic activities directly related to natural resources extraction or harvesting, such as agriculture, fishing, mining, and forestry.
Related terms
Secondary Sector: The secondary sector includes economic activities that involve manufacturing and processing raw materials into finished goods.
Tertiary Sector: The tertiary sector comprises services industries such as healthcare, education, transportation, hospitality, and entertainment.
Extractive Industries: Extractive industries refer to businesses involved in extracting or mining natural resources from the earth. This includes oil drilling companies, coal mines, and mineral extraction operations.