how are the economic activities classified in various sectors? which of these is the most essential sector and why?
Answers
Answer:
A. Economic activities are classified in many ways like which is listed below:
Primary sector this sector belongs to the Sector which is involved in agriculture producing raw materials
Second is secondary sector this sector is also called as manufacturing sector as it deals with producing products using the raw material which is produced in the primary sector
And the last is territory sector which involves the service which is to be provided to the buyers of the product which is manufactured in secondary sector that's the reason why this sector is also called as service sector .
B. teritary sector is most important sector as:
1. it provide basic services to people
2. this helps to increase both sectors primary and secondary
3. it provide new services like communication and technology