explain different types of economics activities
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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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