Secondary sectors refer to the part of the economy involved in manufacturing and processing raw materials obtained from primary sectors into finished products. This includes activities such as construction, manufacturing, and assembly.
Related terms
Primary sectors: Primary sectors refer to the part of the economy that involves extracting raw materials directly from the Earth or natural resources.
Tertiary sectors: Tertiary sectors are parts of the economy that provide services rather than producing goods.
Industrialization: Industrialization is the process by which an economy shifts its focus from primarily agricultural-based production to more industrial-based production.