Business Studies, asked by akansha15633, 8 months ago

Discuss the various types of economic activities

Answers

Answered by Anonymous
2

Answer:

(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.

Answered by LEGEND778
0

Answer:

Economists say there are four basic types of economic activities:

(1) The Primary Sector, i.e., raw materials.

(2) The Secondary Sector, which includes industry and manufacturing.

(3) The Tertiary Sector, i.e., services.

(4) The Quaternary Sector, which we also call the 'knowledge sector. '

Explanation:

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