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What is Economic Sectors and Systems Explained about?

This document discusses different economic sectors and economic systems. It divides economies into four sectors: primary (agriculture, mining), secondary (manufacturing), tertiary (services), and quaternary (information, research). As economies develop, more people shift from primary to quaternary sectors. It also outlines three main economic systems: market economies where private actors make decisions, planned economies where the government decides, and mixed economies that combine private and public de

Author

Samita Khulal

Language

EN