Distinguish between primary activities and tertiary activities.
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Primary activities are those activities that which involve exploitation of natural resources. It is the base for production of other goods that is it provides raw materials. Example: Agriculture, mining, animal husbandry. Tertiary activities are those activities that provide services to the people.
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primary activities- Primary activity includes those occupations which are closely related to man's natural environment. Gathering, hunting, fishing, lumbering, animal rearing, farming and mining are some of important examples of primary activities.
tertiary activities- Tertiary activities are service based and give non-tangible value to customers. Examples of companies that work in this sector include banks, consulting and public transportation. Most companies that are involved in tertiary activities do not have operations involving primary or secondary activities.
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