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The primary sector of the economy extracts or harvests products from the earth such as materials and basic foods. Activities associated with primary economic activity include agriculture (both subsistence and commercial), mining, forestry, grazing, hunting and gathering, fishing, and quarrying.The packaging and processing of materials are also considered to be part of this sector.

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No one ever said running a business was easy. Inflation, unemployment, changing interest rates, exchange rates and basic supply and demand all have an impact on your business. Understanding these terms, and what they can mean to your business, helps you plan ahead for whatever may happen.

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Mention five factors that hampered mining development in south africa. Weegy: In a context of high international demand for minerals, it is difficult to explain the poor performance of the mining sector.

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5 Factors that Affect the Economic Growth of a Country

The economic growth of a country may get hampered due to a number of factors, such as trade deficit and alterations in expenditures by governmental bodies. Generally, the economic growth of a country is adversely affected when there is a sharp rise in the prices of goods and services.