Question

Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how.​

Answer 1

Yes

Explanation:

Yes, the classification of economic activities into the primary, secondary, and tertiary sectors is useful as it helps in estimating the relative importance of the growth rate in the 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 and also it helps to make the data simple and brief: The main objective of classification is to break down the large data into smaller ones to make them easily understood. For example, if there are 100 students in a class then their marks can be put in the following way that one can easily see all of the marks obtained by them.