how is classification of economic activity into different sector useful
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1. GDP calculation becomes easier.
2. people of a country can be easily categorized.
2. people of a country can be easily categorized.
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Primary sector , secondary sector , Tertiory sector.A division of a country's population based upon the economic area in which that population is employed. Many economists recognize the following five economic sectors; the primary sector which includes agriculture, mining and other natural resource industries; the secondary sectorcovering manufacturing, engineering and construction; a tertiary sector for the service industries, the quaternary sector for intellectual activities involving educationand research and the quinary sectorreserved for high level decision makers in government and industry.
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