Do you think the classification of economic activities is useful explain with example
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Answered by
1
yes it is useful as I provides an overview of the economic activities as well as brings out the mistakes made by the country in the development of the activities
Answered by
41
The classification of economic activities into primary, secondary and tertiary is useful, as it helps to classify the different occupations that are taken up by the people in the country and how much each sector contributes to the growth of the country. It is also important because it helps in asserting that which sector contributes the most in the GDP and which sector has the scope to employ more people and increase the National Income.
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