Do u think the classification of economic activities into primary,secondary and tertiary is useful? Explain how...
Answers
Answer:
Yes, classification of economic activities into primary, secondary and tertiary sector is useful as it helps in estimating the relative importance in the growth in GDP of the economy. Classifying in such a way helps in calculating how much goods and services are produced and how many people work in each sector.
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Answer:
yes , classification is very useful for country"s development.
Explanation:
Classification of economic activities into primary,secondary, and tertiary activities are very useful because it helps diffrent people to grow thier incomes .classifications also makes manufacturing of raw material into finished product in a smooth way. all sectors are interdependent on each other which helps each other to grow their profits. these sectors also helps to grow GDP of a country.
for example-farmers are completely dependent on agriculture which is primary activity .they also get machinary from secondary sector and tertiary activities helps farmers to take thier goods from place to place.