Do you think the classification od economic activities into primary secondary and tertiary sector is useful? Support your answer?
Answers
Yes, the classification bod economic activities into primary, secondary and tertiary sector is useful because of the following reasons:-
➡ We came to know how and where the people of a country are employed.
➡ It helps us to know which sector of economic contributes more or less to the country's GDP and per capita income.
➡ Hence, it is necessary to classify economic activities into 3 sectors for smooth economic development and administration.
Answer:
Yes, the classification bod economic activities into primary, secondary and tertiary sector is useful because of the following reasons:-
➡ We came to know how and where the people of a country are employed.
➡ It helps us to know which sector of economic contributes more or less to the country's GDP and per capita income.
➡ Hence, it is necessary to classify economic activities into 3 sectors for smooth economic development and administration.