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Write the companion of the 3 sectors - Draw graph |
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Answer» Answer: According to the three-sector theory, all economic activity can be classified into one of three sectors: the PRIMARY sector, the secondary sector and the tertiary sector. As a rule of thumb, we SAY the more ADVANCED an ECONOMY is, the more its focus shifts from the primary, through the secondary to the tertiary sector. In RECENT years, many economists have argued that the three-sector theory should be extended to include a quaternary sector. |
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