Primary Sector

THE PRIMARY SECTOR
The Primary sector involves the activities related to the use, agriculture and extraction of raw materials. Since the end of the Second World War, the grammatical construction of the UK economy has undergone radical transformation.The primary sector was the largest employer of individuals when the sector-based theory of economics was introduced.However, the primary sector is no longer primary in the the 21st century.The productivity of this sector has declined in recent age partly because of the extinction of some non-renewable resources such as unsophisticated land, oil,coal and other minerals. These mineral resources are limited in cede and in due course get completely utilize up. Finding new sources becomes very difficult and more costly hence the importation of non-renewable resources from other countries. The primary sector as a whole accounted for 4.2% of GDP in 1973.The boom in oil extraction in the North Sea in the 1980s resulted in an increase to 6.7%.As a result of the corner in the early 1990s,its contribution to GDP plummeted to 3.9% and sole(prenominal) increased to 4.2% by 1995. The primary sector usually dominates the economies of ontogeny countries.
The first part of this essay seeks to outline the performance of the unsophisticated patience as an active primary sector in UK.



The contribution of this sector to total employment and the Gross look upon added would be used as benchmarks to analyse the performance of this constancy in recent years.
The agricultural industry is by definition the collection of local units that undertake agricultural activities involving both farmers and specialist agricultural contractors. Closely linked with agriculture is agribusiness, which comprises of businesses involved with the specter of such agricultural products.Agricuture forms an important part of the UK economy.Agriculture has been declining for centuries and today the industry generates only a tiny proportion of national income around...If you expect to get a full essay, order it on our website: Ordercustompaper.com



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