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{{Economic sectors}}
{{Economic sectors}}


The '''primary sector of the economy''' includes any ben varghese [[Industry (economics)|industry]] involved in the extraction and production of [[raw materials]], such as [[farming]], [[logging]], [[hunting]], [[fishing]], and [[mining]].<ref>{{Cite book|title=Dictionary of economics|last=Chand|first=S. N.|publisher=Atlantic Publishers & Distributors|year=2006|isbn=81-269-0535-2|location=New Delhi|pages=268|oclc=297507928}}</ref><ref>{{Cite CD.com|primary producer|language=en|access-date=2019-12-10}}</ref><ref>{{Cite book| publisher = Copenhagen Business School Press DK| isbn = 978-87-630-0194-6| last = Kjeldsen-Kragh| first = Søren| title = The Role of Agriculture in Economic Development: The Lessons of History| date = 2007| pages = 73}}</ref>
The '''primary sector of the economy''' includes any [[Industry (economics)|industry]] involved in the extraction and production of [[raw materials]], such as [[farming]], [[logging]], [[fishing]], [[forestry]] and [[mining]].<ref>{{Cite book|title=Dictionary of economics|last=Chand|first=S. N.|publisher=Atlantic Publishers & Distributors|year=2006|isbn=81-269-0535-2|location=New Delhi|pages=268|oclc=297507928}}</ref><ref>{{Cite CD.com|primary producer|language=en|access-date=2019-12-10}}</ref><ref>{{Cite book| publisher = Copenhagen Business School Press DK| isbn = 978-87-630-0194-6| last = Kjeldsen-Kragh| first = Søren| title = The Role of Agriculture in Economic Development: The Lessons of History| date = 2007| pages = 73}}</ref>


The primary sector tends to make up a larger portion of the economy in [[developing countries]] than it does in [[developed countries]]. For sexample, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in [[Sub-Saharan Africa]]<ref>{{Cite web| title = Agriculture, forestry, and fishing, value added (% of GDP) {{!}} Sub-Saharan Africa| work = World Bank Open Data| access-date = 2019-07-14| date = 2018| url = https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS?locations=ZG}}</ref> but less than 1% of GDP in [[North America]].<ref>{{Cite web| title = Agriculture, forestry, and fishing, value added (% of GDP) {{!}} North America| work = World Bank Open Data| access-date = 2019-07-14| date = 2018| url = https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS?locations=XU}}</ref>
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]]<ref>{{Cite web| title = Agriculture, forestry, and fishing, value added (% of GDP) {{!}} Sub-Saharan Africa| work = World Bank Open Data| access-date = 2019-07-14| date = 2018| url = https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS?locations=ZG}}</ref> but less than 1% of GDP in [[North America]].<ref>{{Cite web| title = Agriculture, forestry, and fishing, value added (% of GDP) {{!}} North America| work = World Bank Open Data| access-date = 2019-07-14| date = 2018| url = https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS?locations=XU}}</ref>


In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with hand-picking and -planting in poorer countries.<ref>{{cite web|url= http://data.worldbank.org/indicator/SL.AGR.EMPL.ZS/countries/1W-US-C5?display=graph|title= Employment in agriculture (% of total employment) (modeled ILO estimate) - Data|website= data.worldbank.org}}</ref> More developed economies may invest additional capital in primary means of production: for example, in the United States [[corn belt]], [[combine harvester]]s pick the corn, and sprayers spray large amounts of [[insecticide]]s, [[herbicide]]s and [[fungicide]]s, 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 sector of the economy|secondary]] and [[Tertiary sector of the economy|tertiary]] sectors.<ref>H Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (March 1973)</ref>
In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with lower-tech methods{{Efn|Often using non-powered equipment, sometimes even hand-picking and hand-planting}} in poorer countries.<ref>{{cite web|url= http://data.worldbank.org/indicator/SL.AGR.EMPL.ZS/countries/1W-US-C5?display=graph|title= Employment in agriculture (% of total employment) (modeled ILO estimate) - Data|website= data.worldbank.org}}</ref> More developed economies may invest additional capital in primary means of production: for example, in the United States [[corn belt]], [[combine harvester]]s pick the corn, and sprayers spray large amounts of [[insecticide]]s, [[herbicide]]s and [[fungicide]]s, 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 sector of the economy|secondary]] and [[Tertiary sector of the economy|tertiary]] sectors.<ref>H Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (March 1973)</ref>


==List of countries by agricultural output==
== List of countries by agricultural output ==
{{Main|List of countries by GDP sector composition}}
{{Main|List of countries by GDP sector composition}}
{{See also|List of most valuable crops and livestock products}}
{{See also|List of most valuable crops and livestock products}}
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| data_type = {{center|Countries by agricultural output (in PPP terms) at peak level as of 2018 (billions in [[United States dollar|USD]])}}
| data_type = {{center|Countries by agricultural output (in PPP terms) at peak level as of 2018 (billions in [[United States dollar|USD]])}}
| label1 = (01) '''{{CHN}}''' | data1 = 2,101
| label1 = (01) '''{{CHN}}''' | data1 = 2,101
| label2 = (02) '''{{IND}}''' | data2 = 1,602
| label2 = (02) '''{{IND}}''' | data2 = 1400
| label3 = (03) '''{{IDN}}''' | data3 = 486
| label3 = (03) '''{{IDN}}''' | data3 = 486
| label4 = {{nowrap|(—) '''''{{EU}}'''''}} | data4 = 352
| label4 = {{nowrap|(—) '''''{{EU}}'''''}} | data4 = 352
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}}
}}


==See also==
== See also ==
{{Portal|Economics}}
{{Portal|Economics}}
* [[Resource curse]]
* [[Resource curse]]
* [[Three-sector model]]
* [[Three-sector model]]


==References==
== Notes ==
{{notelist}}

== References ==
{{Reflist}}
{{Reflist}}


==Further reading==
== Further reading ==
* ''Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (Mar., 1973)''
* ''Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (Mar., 1973)''
* ''Cameron: General Economic and Social History''
* ''Cameron: General Economic and Social History''
* ''Historia Económica y Social General, by Maria Inés Barbero, Rubén L. Berenblum, Fernando R. García Molina, Jorge Saborido''
* ''Historia Económica y Social General, by Maria Inés Barbero, Rubén L. Berenblum, Fernando R. García Molina, Jorge Saborido''


==External links==
== External links ==
*{{Commons category-inline}}
* {{Commons category-inline}}
*[http://www.economy101.net/ Economy101.net: ''The Nature of Wealth'']
* [http://www.economy101.net/ Economy101.net: ''The Nature of Wealth'']


{{Industries}}
{{Industries}}
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[[Category:Primary sector of the economy| ]]
[[Category:Primary sector of the economy| ]]
[[Category:Private sector|+1]]
[[Category:Economic sectors|+1]]
[[Category:Economic sectors|+1]]
[[Category:National accounts]]
[[Category:National accounts]]

Latest revision as of 22:18, 6 May 2024

Economic sectors
Three-sector model
Additional sectors
Theorists
Sectors by ownership

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.[1][2][3]

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[4] but less than 1% of GDP in North America.[5]

In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with lower-tech methods[a] in poorer countries.[6] 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.[7]

List of countries by agricultural output

[edit]
Main article: List of countries by GDP sector composition
See also: List of most valuable crops and livestock products
Largest countries by agricultural output (in PPP terms) according to the IMF and CIA World Factbook, at peak level as of 2018
Economy
Countries by agricultural output (in PPP terms) at peak level as of 2018 (billions in USD)
(01)  China
2,101
(02)  India
1,400
(03)  Indonesia
486
(—)  European Union
352
(04)  Pakistan
284
(05)  Nigeria
253
(06)  Brazil
209
(07)  Russia
196
(08)  United States
185
(09)  Iran
162
(10)  Turkey
155
(11)  Egypt
154
(12)  Thailand
109
(13)  Vietnam
108
(14)  Bangladesh
108
(15)  Argentina
101
(16)  Mexico
100
(17)  Philippines
92
(18)  Myanmar
89
(19)  Algeria
87
(20)  Malaysia
84

The twenty largest countries by agricultural output (in PPP terms) at peak level as of 2018, according to the IMF and CIA World Factbook.

See also

[edit]

Notes

[edit]
  1. ^ Often using non-powered equipment, sometimes even hand-picking and hand-planting

References

[edit]
  1. ^ Chand, S. N. (2006). Dictionary of economics. New Delhi: Atlantic Publishers & Distributors. p. 268. ISBN 81-269-0535-2. OCLC 297507928.
  2. ^ "primary producer". CollinsDictionary.com. HarperCollins. Retrieved 2019-12-10.
  3. ^ Kjeldsen-Kragh, Søren (2007). The Role of Agriculture in Economic Development: The Lessons of History. Copenhagen Business School Press DK. p. 73. ISBN 978-87-630-0194-6.
  4. ^ "Agriculture, forestry, and fishing, value added (% of GDP) | Sub-Saharan Africa". World Bank Open Data. 2018. Retrieved 2019-07-14.
  5. ^ "Agriculture, forestry, and fishing, value added (% of GDP) | North America". World Bank Open Data. 2018. Retrieved 2019-07-14.
  6. ^ "Employment in agriculture (% of total employment) (modeled ILO estimate) - Data". data.worldbank.org.
  7. ^ H Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (March 1973)

Further reading

[edit]
  • Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (Mar., 1973)
  • Cameron: General Economic and Social History
  • Historia Económica y Social General, by Maria Inés Barbero, Rubén L. Berenblum, Fernando R. García Molina, Jorge Saborido
[edit]
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