Economy, asked by suni9346, 1 year ago

Explain different types of economic activities.

Answers

Answered by saitejassb
2
the activities that add value to the national income are called economic activities.

three types of activities are-

1.PRIMARY SECTOR comprises activities related to self employment.E.g.agriculture

2.SECONDARY SECTOR comprises activities related to production and manufacturing of small things.E.g.manufacturing

3.TERTIARY SECTOR comprises various new services.E.g.communication

Answered by ItzPearlStealer
0

Answer:

The three types of economic activities are described below:

(i)Primary Activities: Primary activities include all those connected with extraction and production of natural resources.

Examples: agriculture, fishing, mining.

(ii)Secondary Activities: Activities which are concerned with the processing of natural resources are called secondary activities.

Examples: manufacturing of finished steel and baking of bread.

(iii)Tertiary Activities: It provide support to primary and secondary sectors through services.

Examples: advertising and banking.

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