Like Vilas and Sakal, people have been engaged in various activities. We saw that Vilas sold fish and Sakal
got a job in the firm. The various activities have been classified into three main sectors i.e., primary, secondary
and tertiary. Primary sector includes agriculture, forestry, animal husbandry, fishing, poultry farming, mining
and quarrying. Manufacturing is included in the secondary sector. Trade, transport, communication, banking,
education, health, tourism, services, insurance, etc. are included in the tertiary sector. The activities in this
sector result in the production of goods and services. These activities add value to the national income. These
activities are called economic activities. Economic activities have two parts — market activities and non-
market activities. Market activities involve remuneration to anyone who performs i.e., activity performed for
pay or profit. These include production of goods or services, including government service. Non-market
activities are the production for self-consumption.
I. In which sector manufacturing is included
II. Which activities are called economic activities
III. Give an example of primary sector
IV. Define market activities
Answers
Answer:
1- Manufacturing is included in secondary sector.
Explanation:
2-Trade, transport, communication, banking,education, health, tourism, services, insurance, etc. are included in the tertiary sector. The activities in this sector result in the production of goods and services. These activities add value to the national income. These activities are called economic activities. 3-Agriculture and forestry etc. 4-Economic activities have two parts — market activities and non-market activities. Market activities involve remuneration to anyone who performs i.e., activity performed for pay or profit. These include production of goods or services, including government service.
Explanation:
Ans. (1) Manufacturing is included in the secondary sector.
Ans. (2) Trade, transport, communication, banking education, health, tourism, services, insurance, etc. are included in the tertiary sector. The activities in this sector result in the production of goods and services. These activities add value to the national income. These activities are called economic activities.
Ans. (3) Agriculture, forestry, animal husbandry, fishing, poultry farming, mining and quarrying etc. are the example of primary sector.
Ans. (4) Market activities involve remuneration to anyone who performs i.e., activity performed for pay or profit. These include production of goods or services, including government service.