Structural Changes in major economics

By structural change we mean how the variance sectors in an economy have changed, it gives some broad definitions of these sectors.

• Primary Sector
• Secondary Sector
• Tertiary Sector

1. Primary Sector: Primary sector includes activities directly related to natural resources. For example- Firming, mining, oil extraction and other natural resources etc.
2. Secondary Sector: The secondary sector covers production industries in the economy such as manufacturing the processing of materials produced in the primary sector.
3. Tertiary sector: The tertiary sector include all private sector services. For example- Banking, Finance, Computing service and Tourism. It also includes public sector services such as health care, defiance and other govt. facilities.