Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how
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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 we can classified it into three activities.
because has in primary activity we can buy raw material then in secondary activity we manufacture it in industries and in tertiary activity we supply the product in market it cover economic activity...
Hope you understand ........
thanks....
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