Sunday, 20 March 2011 09:03 Last Updated on Sunday, 20 March 2011 09:11
|Livestock and Poultry Production|
|Agrarian Reform Program|
The Primary Sector
The primary sector involves raising crops on or directly extracting products from the land without processing. Activities in this sector are grouped under agriculture, fishery and forestry. Agricultural activities are subdivided into crop production and raising livestock, poultry and other animals. Hunting, trapping and game propagation are also included under this sector.
The Secondary Sector
This sector of the economy deals with manufacturing and processing, or those activities that seeked to transform materials from one form to another. Activities under this sector are grouped into four categories:1) mining and quarrying of metallic and non-metallic minerals, 2) manufacturing of all types of products, 3) generation of electric power, production of gas and steam, and development of waterworks systems, and 4) construction.
The Tertiary Sector
The tertiary sector covers all services including: 1) wholesale and retail trade, 2) transportation, storage and communication, 3) finance, insurance, real estate and business services, and 4) community, social and personal services.
To characterize the local economy is to determine the relative share or importance of one economic sector to the other sectors or to the total. The relative share of each sector may be measured in terms of the number of persons engaged in it, the volume and value of goods and services produced, productivity, or some such indicators, At the local level where official statistics are often unavailable, the use of crude indicators such as number of firms or establishments registered representing the different activity groups is resorted to. The relative share of the different economic sectors may also indicate the area’s specialization or comparative advantage.
Another objective of characterization is to determine the pattern of change in the structure of the local economy. This is done by assessing the performance of the different sectors within a given interval of time. A change (whether increase or decrease) in the relative share of each sector over time affects the internal composition of the economy. The difference in the internal composition of the economy between two points in time indicates the structural shift in the local economy.
There are several types of business services/establishments in the Municipality of Pilar which are categorized as follows: