When a good is produced by exploiting natural resources, it falls in the category of:
agriculture sector
Economic activities are broadly categorized into different sectors based on the nature of the work and the resources used. The question asks about the category a good falls into when it is produced by exploiting natural resources. This points towards understanding the primary sector of the economy.
Economies are typically divided into three main sectors:
When production involves directly using or extracting natural resources like land, water, forests, minerals, or animals, it fits the definition of the primary sector. Let's look at the given options in this context:
The question specifically asks about a good produced by exploiting natural resources. Agriculture directly does this to produce food grains, vegetables, fruits, milk, meat, etc.
| Option | Description | Falls under Primary Sector? |
|---|---|---|
| Mining industry | Extracting minerals/ores | Yes (Direct exploitation) |
| Service sector | Providing services | No |
| Agriculture sector | Farming, livestock, fisheries | Yes (Direct exploitation) |
| Industrial sector | Manufacturing, processing | No (Processes primary goods) |
While mining is also part of the primary sector, the option "agriculture sector" is provided as a distinct choice that squarely fits the description of producing goods by exploiting natural resources (land, water, etc., for farming and related activities). Agriculture is a major component of the primary sector.
Producing goods like crops, dairy products, etc., directly involves utilizing natural resources such as land, water, and sunlight. This activity is classified under the agriculture sector, which is a key part of the primary sector of the economy. Therefore, when a good is produced by exploiting natural resources, it most accurately falls into the category represented by the agriculture sector in the given options, as agriculture is a primary example of such production.
| Sector | Key Activities | Relationship with Natural Resources |
|---|---|---|
| Primary Sector | Agriculture, Fishing, Forestry, Mining, Quarrying, Oil/Gas Extraction | Direct exploitation and extraction of natural resources. Provides raw materials. |
| Secondary Sector (Industrial) | Manufacturing, Construction, Processing raw materials into finished/semi-finished goods. | Processes raw materials from the primary sector. Depends on primary sector output. |
| Tertiary Sector (Service) | Services like transport, banking, retail, healthcare, education. | Provides intangible services. Supports primary and secondary sectors. |
The primary sector is fundamental to any economy because it provides the basic raw materials needed for all other economic activities. Without agriculture, mining, or forestry, there would be no materials to process in the secondary sector or goods to transport and trade in the tertiary sector. Development in the primary sector, such as improved farming techniques or more efficient resource extraction, can have significant impacts on the entire economy.
A stone is thrown horizontally from the top of a 20 m high building with a speed of 12 m/s. It hits the ground at a distance R from the building. Taking g = 10 m/s2 and neglecting air resistance will give :
A mass is attached to a spring that hangs vertically. The extension produced in the spring is 6 cm on Earth. The acceleration due to gravity on the surface of the Moon is one-sixth of its value on the surface of the Earth. The extension of the spring on the Moon would be:
Directions: Each item in this section consists of a sentence with an underlined word followed by four words (a), (b), (c), and (d). Select the option that is opposite in meaning to the underlined word and mark your response in your Answer Sheet accordingly.
The major source of vitamins and minerals for vegetarians is
Which of the following statements about the Deccan Riots Commission is/are correct?
1. The Commission did not hold enquiries in the districts which were not affected.
2. The Commission did record the statements of ryots, sahukars and eye-witnesses.
Select the correct answer using the code given below: