Explain in brief about the types of economic activities with examples.
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Economic Activities Activities which are under taken by people with the object of earning money are known as economic activities. e.g., production of goods in 8 factory, distribution of goods by a wholesaler or retailer.
Types of Economic Activities Economic activities can be divided into three categories
Business
Profession
Employment
example- Agriculture, fishing, mining and forestry
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Answer:
- Primary Activities :-
- Primary activities included all those connected with extraction and production of natural resources.
- Examples:- agriculture, fishing and mining.
2. Secondary Activites :-
- Activites which are concerned with the processing by natural resources are called secondary activites.
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