Define Economic activities and its classification.
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Economists say there are four basic types of economic activities: The Primary Sector, i.e., raw materials. The Secondary Sector, which includes industry and manufacturing. The Tertiary Sector, i.e., services. The Quaternary Sector, which we also call the 'knowledge sector
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The classification of activities divides economic activities into categories which, by aggregation, make it possible to define the sectors of activity (Agriculture, Industry, Construction, Trade, etc.). ... The sectoral classification of a unit corresponds to the sector of activity to which its main activity belongs.
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