“Economic activities, though grouped into 3 different categories, are highly interdependent.” Justify
Answers
Answer:
All Economic activities are interdependent as no activity can sustain itself alone –
Economics activities in all sectors are interdependent. Primary sector provides raw materials for secondary sector. For example, tobacco is needed for cigarette industry, sugarcane is needed for sugar industry. To provide transportation, banking facilities, management to the primary and secondary sectors, tertiary sector is needed.
When we exploit natural resources, it is an activity of the primary sector e.g., agriculture, mining, forestry.
The natural resources are changed into other forms through the process of manufacturing, i.e., manufacturing sector uses natural products as its raw materials.
All services, that enable us to pursue primary and secondary activities are listed as tertiary activities. For example, transport, education, medical services.
Primary and secondary activities cannot produce a good unless they are aided by the tertiary sector.
Service sector does not produce a good. For example, the internet cafe, ATM booth, call centers are the services required for manufacturing industries etc. Railways, roads are needed to assist agricultural production.
Answer:
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Explanation:
Economic activities, though grouped into three different categories, are highly interdependent. Raw materials are produced in Primary sector and processed into finished items in Secondary sector. Assistance is provided by Tertiary sector to these two activities.
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