What does primary industry mean?
Definitions for primary industry
pri·ma·ry indus·t·ry
This dictionary definitions page includes all the possible meanings, example usage and translations of the word primary industry.
Wiktionary
primary industrynoun
An industry that processes raw materials for conversion by secondary industry into goods or services sold by tertiary industry to provide goods or services to consumers.
Wikipedia
primary industry
The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining.The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries. For example, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in sub-Saharan Africa but less than 1% of GDP in North America.In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with lower-tech methods in poorer countries. More developed economies may invest additional capital in primary means of production: for example, in the United States corn belt, combine harvesters pick the corn, and sprayers spray large amounts of insecticides, herbicides and fungicides, producing a higher yield than is possible using less capital-intensive techniques. These technological advances and investment allow the primary sector to employ a smaller workforce, so developed countries tend to have a smaller percentage of their workforce involved in primary activities, instead having a higher percentage involved in the secondary and tertiary sectors.
Numerology
Chaldean Numerology
The numerical value of primary industry in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of primary industry in Pythagorean Numerology is: 5
Translations for primary industry
From our Multilingual Translation Dictionary
- βασική βιομηχανίαGreek
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"primary industry." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/primary+industry>.
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