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ECONOMIC ACTIVITES AROUND US - Coggle Diagram
ECONOMIC ACTIVITES AROUND US
PRIMARY SECTOR
Involves using natural resources directly, like farming, fishing, forestry, and mining.
farming, fishing, forestry, and mining.
Mostly practiced in rural areas
Dairy-A place where milk is stored and collected.
Extraction- The action of extracting something, especially using effort or force. E.g. Extracting gold from mines
SECONDARY
Focuses on manufacturing and industrial production, converting raw materials into finished goods (e.g., factories).
Examples-Industries,mining,manufacturing,construction
Manufacturing – The process of making things in factories, like clothes, cars, or toys.
Processing – Changing raw materials (like crops or minerals) into finished products, such as turning wheat into flour.
crafting-turning raw materials into valuable things
TERTIARY
Provides services such as education, healthcare, transportation, and retail.
ex- healthcare ,retail,educating,financial services
ware houses -A large building used for storing products before they are sold.
all the sectors are depended on each other
Monetary value
Value of something that can be measured in terms of money.
Work is Important
– Work is essential for the progress and development of society. It helps in meeting our needs and fulfilling desires.
Different Types of Work
– There are many types of work: manual work, intellectual work, and creative work. All types are important and contribute to the economy.
Dignity of Labor
– Every kind of work, whether simple or complex, should be respected. No work is superior or inferior; all jobs are valuable in their own way.
Hard Work Pays Off
– Working hard and being dedicated leads to success. Effort and commitment are key to achieving goals.
Value of Skilled Work
– Skilled work, such as doctors, teachers, and engineers, adds great value to society and helps improve living standards.
Teamwork
– Sometimes, work requires cooperation. When people work together, they can achieve better results than when working alone.
Work for Self-Reliance
– Work helps individuals become self-sufficient and reduces dependence on others. It leads to personal growth and confidence.
Work and Happiness
– Doing meaningful work can bring satisfaction and a sense of achievement. When we enjoy our work, it brings happiness.
Economic Value
– Work provides people with the means to earn a living and contribute to the economy. The work we do is linked to the well-being of society.
Respect for All Workers
– Whether it's a farmer, teacher, doctor, or sweeper, each person’s work is necessary for the functioning of society. All work deserves respect.
These points highlight the importance and value of work in different aspects of life and society!