Economic Sectors involves the retrieval and production of raw materials, such as corn, coal, wood or iron.
Find below are the list of Economic Sectors In South Africa
Statistics South Africa
Address: Mabopane Unit E, Vereeniging, 1939
Hours: Closes soon ⋅ 5PM ⋅ Opens 8AM Fri
Phone: 012 701 1797
Gauteng Province Economic Development
Address: Umnotho House, 56 Eloff St, Marshalltown, Johannesburg, 2107
Phone: 011 355 8000
Township Economy Revitalisation Alliance (TERA)
Address: 1250 Pretorius St, Hatfield, Pretoria, 0028
Socio-Economic Rights Institute (SERI)
Address: 6th Floor, Aspern House, 54 De Korte St, Braamfontein, Johannesburg, 2001
Hours: Closes soon ⋅ 5PM ⋅ Opens 9AM Fri
Phone: 011 356 5860
What are the economic sectors in South Africa?
Among the key sectors that contribute to the gross domestic product and keep the economic engine running are manufacturing, retail, financial services, communications, mining, agriculture and tourism.
What are the 5 sectors of the economy?
Sectors of the Economy: Primary, Secondary, Tertiary, Quaternary and Quinary.
What are the 3 main sectors of the economy?
The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary).
What is the largest sector of the economy?
- Real Estate, Renting, and Leasing. Real Estate, renting, and leasing constitutes the largest sector of the United States’ economy with the GDP value added of $1.898 trillion accounting for 13% of the national GDP.
What are the most important economic sectors?
The main sectors of the economy are: Primary sector – extraction of raw materials – mining, fishing and agriculture. Secondary / manufacturing sector – concerned with producing finished goods, e.g. Construction sector, manufacturing and utilities, e.g. electricity.
Which economic system is best for South Africa?
South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
What is the first sector?
Primary. The primary sector of industry is concerned with the extraction of raw materials or natural resources from the land. Any business that grows goods or extracts materials from the land would be classed as a primary sector business.