Do you think the classification of economic activities in to Primary, Secondary and Tertiary is useful? Explain now?
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4
yes,I think such classifications are useful.Since if a country's half population is working under primary activities then agriculture is their main support and we know that due to uncertainties in rainfall ,climatic conditions and many more drop back such activities making the country less develop then the countries whose majority is working under secondary and tertiary activities .Hence to classify a country's development it is essential.
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Yes, the classification of economic activities into primary,secondary and tertiary sector is useful
because of the following reasons :-
It helps us to know about what are the share of each sector in GDP in our country
It helps us to know how many workers are employed or working in primary, secondary and tertiary sector.
It tells us that which sector is gaining more importance.
Secondary sector is gradually becoming most important in total production and employment. But there is shift taken place The service sector has become the most important in terms of total production.
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