Economy, asked by Tikiwiki, 1 year ago

Elaborate on the various categories in which economic activists can be classified ( 9std Eco chapter people as resource)

Answers

Answered by Cutiepie93
1
Hlo friend☺️☺️.... Nice question..

Here is ur answer :

➡️ The different types of economic activities can be classified as follows :

✔️ PRIMARY SECTOR

Primary sector includes all those activities which are related to the natural resources, like cultivation of land and allied activities like forestry , animal husbandry, fishing, poultry farming and mining.

✔️ SECONDARY SECTOR

Secondary sector covers those activities which are concerned with the transformation of natural resources and product of trains therefrom into Other goods. For example, cultivation of wheat is a primary activity. Wheat is converted into flour in a mill, this is a secondary activity. Similarly , Forestry is a primary activity. But manufacturing of furniture is a secondary activity and so on .

Secondary sector includes quarring and mining.

✔️ TERTIARY SECTOR

It includes all those activities which produce different types of services that are required by society .

Examples : Services of a doctor, a teacher, a maid , an insurance company and a transport company.

In an underdeveloped economy, primary sector is the dominant sector of the. With economic growth, the relative importance of the secondary and territory sectors increases, whereas that of primary sector falls.

HOPE IT HELPS YOU...

REGARDS
@sunita
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