explain three types of economic activities with example
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One classical breakdown of economic activity distinguishes three sectors:[1]
Primary: involves the retrieval and production of raw materials, such as corn, coal, wood and iron. (A coal miner, farmer or fisherman would be workers in the primary sector.)Secondary: involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing. (A builder and a dressmaker would be workers in the secondary sector.)Tertiary: involves the supplying of services to consumers and businesses, such as baby-sitting, cinema and banking. (A shopkeeper and an accountant would be workers in the tertiary sector.)
Primary: involves the retrieval and production of raw materials, such as corn, coal, wood and iron. (A coal miner, farmer or fisherman would be workers in the primary sector.)Secondary: involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing. (A builder and a dressmaker would be workers in the secondary sector.)Tertiary: involves the supplying of services to consumers and businesses, such as baby-sitting, cinema and banking. (A shopkeeper and an accountant would be workers in the tertiary sector.)
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HEY MATE !!!
AGRICULTURE , describe the three types of economic activities , these three types are....
primary activity and secondary activity include
harvest or manufacturer goods for human consumption.
tertiary activity include service sector..
hope this will help u..✌❤✌
AGRICULTURE , describe the three types of economic activities , these three types are....
primary activity and secondary activity include
harvest or manufacturer goods for human consumption.
tertiary activity include service sector..
hope this will help u..✌❤✌
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