Primary sector: Difference between revisions
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{{Short description|Industry of raw materials and unprocessed food}} | |||
{{Economic sectors}} | |||
In [[economics]], the '''primary sector''' is the [[economic sector]] which comprises [[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 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 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 == | |||
{{Main|List of countries by GDP sector composition}} | |||
{{See also|List of most valuable crops and livestock products}} | |||
{{Bar chart | |||
| float = center | |||
| title = Largest countries by agricultural output (in PPP terms) according to the [[International Monetary Fund|IMF]] and [[The World Factbook|CIA World Factbook]], at peak level as of 2018 | |||
| data_max = 2,110<!-- Upper bound on the values in the data fields --> | |||
| bar_width = 30 <!-- must be an unformatted number --> | |||
| label_type = Economy | |||
| 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 | |||
| label2 = (02) '''{{IND}}''' | data2 = 1400 | |||
| label3 = (03) '''{{IDN}}''' | data3 = 486 | |||
| label4 = {{nowrap|(—) '''''{{EU}}'''''}} | data4 = 352 | |||
| label5 = (04) '''{{PAK}}''' | data5 = 284 | |||
| label6 = (05) '''{{NGR}}''' | data6 = 253 | |||
| label7 = (06) '''{{BRA}}''' | data7 = 209 | |||
| label8 = (07) '''{{RUS}}''' | data8 = 196 | |||
| label9 = (08) '''{{USA}}''' | data9 = 185 | |||
| label10 = (09) '''{{IRN}}''' | data10 = 162 | |||
| label11 = (10) '''{{TUR}}''' | data11 = 155 | |||
| label12 = (11) '''{{EGY}}''' | data12 = 154 | |||
| label13 = (12) '''{{THA}}''' | data13 = 109 | |||
| label14 = (13) '''{{VNM}}''' | data14 = 108 | |||
| label15 = (14) '''{{BAN}}''' | data15 = 108 | |||
| label16 = (15) '''{{ARG}}''' | data16 = 101 | |||
| label17 = (16) '''{{MEX}}''' | data17 = 100 | |||
| label18 = (17) '''{{PHL}}''' | data18 = 92 | |||
| label19 = (18) '''{{MYA}}''' | data19 = 89 | |||
| label20 = (19) '''{{ALG}}''' | data20 = 87 | |||
| label21 = (20) '''{{MYS}}''' | data21 = 84 | |||
| caption = {{resize|88%|The twenty largest countries by agricultural output (in PPP terms) at peak level as of 2018, according to the [[International Monetary Fund|IMF]] and [[The World Factbook|CIA World Factbook]].}} | |||
}} | |||
== See also == | |||
{{Portal|Economics}} | |||
* [[Resource curse]] | |||
* [[Three-sector model]] | |||
== Notes == | |||
{{notelist}} | |||
== References == | |||
{{Reflist}} | |||
== Further reading == | |||
* ''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'' | |||
== External links == | |||
* {{Commons category-inline}} | |||
* [http://www.economy101.net/ Economy101.net: ''The Nature of Wealth''] | |||
{{Industries}} | |||
{{Authority control}} | |||
[[Category:Primary sector of the economy| ]] | |||
[[Category:Private sector|+1]] | |||
[[Category:Economic sectors|+1]] | |||
[[Category:National accounts]] | |||
[[Category:Resource economics]] | |||
[[Category:World economy]] | |||
Latest revision as of 13:11, 2 November 2025
Template:Short description Template:Economic sectors
In economics, the primary sector is the economic sector which comprises 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 methodsTemplate:Efn 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
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See also
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Notes
References
Further reading
- 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
External links
Template:Industries Template:Authority control
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- ↑ H Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (March 1973)