how is classified of ecomony activite into differaent sector usefull
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Answer: Yes, classification of economic activities into primary, secondary and tertiary sector is useful as there are varieties of economic activities that are performed by the humans. ... Further, the classification also helps us in ascertaining the contribution of each sector to the Indian economy.
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Macroeconomics includes the study ofeconomy-wide factors such as the effect of rising prices or inflation on theeconomy. Macroeconomics also focuses on the rate of economic growth or gross domestic product (GDP), which represents the total amount of goods and services produced in an economy.
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