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]
^Kjeldsen-Kragh, Søren (2007). The Role of Agriculture in Economic Development: The Lessons of History. Copenhagen Business School Press DK. p. 73. ISBN978-87-630-0194-6.
^"Agriculture, forestry, and fishing, value added (% of GDP) | Sub-Saharan Africa". World Bank Open Data. 2018. Retrieved 2019-07-14.
^"Agriculture, forestry, and fishing, value added (% of GDP) | North America". World Bank Open Data. 2018. Retrieved 2019-07-14.
^"Employment in agriculture (% of total employment) (modeled ILO estimate) - Data". data.worldbank.org.
^H Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (March 1973)
Further readingedit
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 linksedit
Media related to Primary sector of the economy at Wikimedia Commons
Economy101.net: The Nature of Wealth
January 19, 2024
primary, sector, economy, primary, sector, economy, includes, industry, involved, extraction, production, materials, such, farming, logging, fishing, forestry, mining, primary, sector, tends, make, larger, portion, economy, developing, countries, than, does, d. 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 Contents 1 List of countries by agricultural output 2 See also 3 Notes 4 References 5 Further reading 6 External linksList of countries by agricultural output editMain 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 nbsp China 2 101 02 nbsp India 1 400 03 nbsp Indonesia 486 nbsp European Union 352 04 nbsp Pakistan 284 05 nbsp Nigeria 253 06 nbsp Brazil 209 07 nbsp Russia 196 08 nbsp United States 185 09 nbsp Iran 162 10 nbsp Turkey 155 11 nbsp Egypt 154 12 nbsp Thailand 109 13 nbsp Vietnam 108 14 nbsp Bangladesh 108 15 nbsp Argentina 101 16 nbsp Mexico 100 17 nbsp Philippines 92 18 nbsp Myanmar 89 19 nbsp Algeria 87 20 nbsp Malaysia 84The 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 nbsp Economics portalResource curse Three sector modelNotes edit Often using non powered equipment sometimes even hand picking and hand plantingReferences edit Chand S N 2006 Dictionary of economics New Delhi Atlantic Publishers amp Distributors p 268 ISBN 81 269 0535 2 OCLC 297507928 primary producer CollinsDictionary com HarperCollins Retrieved 2019 12 10 Kjeldsen Kragh Soren 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 Agriculture forestry and fishing value added of GDP Sub Saharan Africa World Bank Open Data 2018 Retrieved 2019 07 14 Agriculture forestry and fishing value added of GDP North America World Bank Open Data 2018 Retrieved 2019 07 14 Employment in agriculture of total employment modeled ILO estimate Data data worldbank org H Dwight H Perkins Proceedings of the Academy of Political Science Vol 31 No 1 China s Developmental Experience March 1973 Further reading editDwight 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 Economica y Social General by Maria Ines Barbero Ruben L Berenblum Fernando R Garcia Molina Jorge SaboridoExternal links edit nbsp Media related to Primary sector of the economy at Wikimedia Commons Economy101 net The Nature of Wealth Retrieved from https en wikipedia org w index php title Primary sector of the economy amp oldid 1188444612, wikipedia, wiki, book, books, library,
