How Many Economic Sectors In South Africa

What is Economic Sector?

One classical breakdown of economic activity distinguishes three sectors:

Primary: involves the retrieval and production of raw-material commodities, such as corn, coal, wood, or iron. Miners, farmers, and fishermen are all workers in the primary sector.

How Many Economic Sectors In South Africa

Mining, transport, energy, manufacturing, tourism, and agriculture.

What is the most significant sector in South Africa?

Agriculture

Retail

Finance

Market research

Horticulture

Mining

Sales

Which industries produce the most wealth in South Africa?

Because of its dependence on foreign trade, South Africa’s economy is sensitive to global economic conditions. 

Precious metals and base metals have been leading exports; agricultural goods and military equipment also play an essential role.