how many types of Economic activity?
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6
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four
Economists say there are four basic types of economic activities: The Primary Sector, i.e., raw materials. The Secondary Sector, which includes industry and manufacturing. The Tertiary Sector, i.e., services.
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Answer: Economic activities are those activities which add value to the national income. It has two types: market and non-market activities.
Market activities; these activities are performed for pay or profit
Non-market activities; these activities are performed for self consumption.
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