primary

Understanding the BasicsWhen it comes to the world of business, there are several sectors that dominate the global economy. One of the most fundamental divisions is between primary, secondary, and tertiary industries. In this article, we will be focusing on primary industries and exploring their significance in today's society.What are Primary Industries?Primary industries, also known as extractive industries, are those that extract natural resources directly from the earth. These industries are involved in the production of raw materials that are essential for various other sectors. Examples of primary industries include agriculture, fishing, mining, forestry, and oil extraction.The Importance of AgricultureAgriculture…