Question

Explain different types of economic activities.

Answer 1

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$\textsf{\pink{Q.}}$Explain different types of economic activities.

$\textsf{\pink{Ans.}}$ Different types of economic activities are :-

$\mathfrak{\green{i.)\:}}$ $\bold{Business}$ :- It is an economic activity which is connected with the production, purchase l, sale or distribution of good with the main objective of earning profit.

$\mathfrak{\green{ii.)\:}}$$\bold{Profession}$:- It refers to the activity which require special knowledge and skill to be applied by an individual to earn a living.

$\mathfrak{\green{iii.)\:}}$ $\bold{Employment}$:- It refers to an activity in which an individual works regularly for another person and gets remunerated in return.

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Answer 2

Heya dear

The answer is here

♢ Different types of economic activities are given below

1 ) Primary activities - The activities which includes the production of basic foods and raw materials

☆ Activities include in this are like agriculture, forestry, fishing etc

2 ) Secondary Sector - This sector was related to the manufacturing and production of the raw materials and products

☆ In other words , it is known as Processing of raw materials . All industries fall into it .

3 ) Tertiary Sector - This includes services so called as service sector

☆ The tertiary industry is the segment of the economy that provides services to its consumers, including a wide range of businesses .




Question
Explain different types of economic activities.



Answer
1 ) Business
2 ) Profression
3 ) Employment


Example of Business = Cloth business , Sales and Textile Business

Example of Profression = Doctor, Artist etc


Example of Employment = Jobs in the private and public sector


hope it helps