classify economic activities into major types with example
Answers
Answer:
Primary Sector: Simply speaking primary sector refers to that sector of the economy which uses natural resource to produce goods. ADVERTISEMENTS: ...
Secondary Sector: Secondary sector is also called as manufacturing sector or industrial sector.
Answer:
Human activities which generate income are known as economic activities. Economic activities are broadly grouped into primary, secondary, tertiary activities. Higher services under tertiary activities are again classified into quaternary and quinary activities
(i)Primary Activities: Primary activities include all those connected with extraction and production of natural resources. Examples: agriculture, fishing, mining. (ii)Secondary Activities: Activities which are concerned with the processing of natural resources are called secondary activities.
iii) teritary sector:- comprises of new services