In what ways is the classification of economic activities into primary sector secondary sector and tertiary sector.explain?
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1) primary sectors includes agriculture and its allied activities like sericulture etc. which provides raw materials to agro - based industries.
\ 2) secondary sector is also called manufacturing sector where raw materiaks are coverted into finished products.
3)tertiary sector is also called service sector.
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Answer:Yes, classification of economic activities into primary, secondary and tertiary sector is useful as it helps in estimating the relative importance in the growth in GDP of the economy. Classifying in such a way helps in calculating how much goods and services are produced and how many people work in each sector.
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