3. List the different economic activities?
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Economic activity: Activities that are related to the production and consumption of goods in return for money. The main motive is to earn money.
The economic activities are:
Primary activity: these are related to the extraction of natural resources.
Secondary activity: these are related to the processing of raw materials.
Tertiary activity: these are related to providing services.
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- the Primary sector i.e raw materials.
- the Secondary sector , which includes industry and manufacturing.
- the Territory sector , i.e., services .
- the Quaternary sector, which be also call the 'knowledge sector'.
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