do you think the classification of economic activities into primary , secondery and tertiary is useful ? Explain how.
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yes, of course classification of economic activity into primary, secondary, and tertiary is useful on account of the information , it provides on how and where the people of the country employed . Also it helps in creating as to which sector of economic activity contribute more or less to the country's GPD as of income.......
hope it helps dude.
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hope it helps dude.
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Answered by
2
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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