Question

Discuss the four types of economics activities with examples

Answer 1

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. '

Answer 2

Answer:

Economists say there are four basic types of economic activities:

• The Primary Sector, i.e., raw materials.
• The Primary Sector, i.e., raw materials.The Secondary Sector, which includes industry and manufacturing.
• The Primary Sector, i.e., raw materials.The Secondary Sector, which includes industry and manufacturing.The Tertiary Sector, i.e., services.
• 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. '