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economic sector wikipedia jump to content main menu main menu move to sidebar hide navigation main page contents current events random article about wikipedia contact us contribute help learn to edit community portal recent changes upload file special pages search search appearance donate create account log in personal tools donate create account log in contents move to sidebar hide top 1 historic evolution 2 by ownership 3 see also 4 references toggle the table of contents economic sector 38 languages afrikaans العربية azərbaycanca български বাংলা brezhoneg català čeština чӑвашла dansk deutsch ελληνικά esperanto español eesti euskara فارسی français עברית magyar bahasa indonesia italiano la lojban қазақша 한국어 latina malagasy nederlands polski português română русский simple english українська vèneto tiếng việt 粵語 中文 edit links article talk english read edit view history tools tools move to sidebar hide actions read edit view history general what links here related changes upload file permanent link page information cite this page get shortened url switch to legacy parser print export download as pdf printable version in other projects wikimedia commons wikidata item appearance move to sidebar hide from wikipedia the free encyclopedia economic sectors three sector model primary raw materials secondary goods manufacturing tertiary services additional sectors quaternary information services quinary human services theorists agb fisher colin clark jean fourastié sectors by ownership business private public voluntary v t e economical term percentages of a country s economy made up by different sectors countries with higher levels of socio economic development tend to have proportionally less of their economies operating in the primary and secondary sectors and more emphasis on the tertiary sector the less developed countries exhibit the inverse pattern three sectors according to fourastié colin clark s sector model an economic sector is a part of an economy that includes similar economic activities and industries one classical breakdown of economic activity distinguishes three sectors 1 primary involves the retrieval and production of raw materials such as corn coal wood or iron miners farmers and fishermen are all workers in the primary sector secondary involves the transformation of raw materials or intermediate goods into goods as in steel into cars or textiles into clothing builders and dressmakers work in the secondary sector tertiary involves the supplying of services to consumers and businesses such as babysitting cinemas or banking shopkeepers and accountants work in the tertiary sector in the 20th century economists began to suggest that traditional tertiary services could be further distinguished from quaternary and quinary service sectors economic activity in the hypothetical quaternary sector comprises information and knowledge based services while quinary services include industries related to human services and hospitality 2 economic theories divide economic sectors further into economic industries historic evolution edit an economy may include several sectors that evolved in successive phases the ancient economy built mainly on the basis of subsistence farming the industrial revolution lessened the role of subsistence farming converting land use to more extensive and monocultural forms of agriculture over the last three centuries economic growth took place mostly in the mining construction and manufacturing industries in the economies of modern consumer societies services finance and technology the knowledge economy play an increasingly significant role even in modern times developing countries tend to rely more on the first two sectors in contrast to developed countries by ownership edit an economy can also be divided along different lines public sector or state sector private sector or privately run businesses voluntary sector see also edit three sector theory jean fourastié industry classification international standard industrial classification industry classification benchmark north american industry classification system a sample application of sector oriented analysis division of labour economic development references edit zoltan kenessey public private and tertiary and quaternary sectors of the economy pdf the review of income and wealth archived pdf from the original on 12 march 2019 retrieved 20 april 2012 regarding the terminology itself clark informs that the term tertiary industries was originated by professor a g b fisher in new zealand and became widely known through the publication of his book the clash of progress and security in 1935 it took its origin from the titles current in australia and new zealand of primary industry for agriculture grazing trapping forestry fishing and mining and secondary industry for manufacture in australia and new zealand these terms are not only used in statistical reference books but are widely current in popular discussion the phrase tertiary industries therefore immediately carries in these countries a suggestion of those excluded by the official definition of secondary industries matt rosenberg 14 january 2007 sectors of the economy about com archived from the original on 19 november 2016 retrieved 20 april 2012 authority control databases gnd retrieved from https en wikipedia org w index php title economic_sector oldid 1370803120 categories economic sectors business analysis business management hidden categories articles with short description short description is different from wikidata this page was last edited on 23 august 2026 at 04 32 utc page was rendered with parsoid text is available under the creative commons attribution sharealike 4 0 license additional terms may apply by using this site you agree to the terms of use and privacy policy wikipedia is a registered trademark of the wikimedia foundation inc a non profit organization privacy policy about wikipedia disclaimers contact wikipedia legal safety contacts 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