Question

explain two parts of the economic activities

Answer 1

1.Employment


Employment is a type of occupation under which one person provides his services, physical or mental to someone else in return for which he gets salary or wage. The person who employs is called employer and the person who is employed is called employee or worker.


2. Business


Business is an economic activity concerned with production and distribution of goods and services with the aim to earn profit. It includes all those activities which are directly or indirectly concerned with production, purchase and sale of goods and services. So the production, marketing, advertising, warehousing, insurance, banking, etc. are all business activities.

hope it helps...

Answer 2

Hello
There are three sectors of economy.
1. Primary sector
2.Secondary sector
3. Tertiary sector
Now we starts with primary sector.
Primary sector is a sector which is related with raw materials product of goods.
Best example of this sector is agriculture.

Secondary sector is a sector related with the goods produced by the raw materials of primary sector.
It's example includes clothes made by the raw material of cotton etc.

Tertiary sector refers to the service providing activities.
It's examples are transportation work, teaching work , Doctor etc .
Because they are providing us only service.

Hope this will help you.
Please mark my answer as brilliant.