mention three categories of economic activities
Answers
Answer:
The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary
Explanation:
(i)Primary Activities: Primary activities include all those connected with extraction and production of natural resources. Examples: agriculture, fishing, mining. (ii)Secondary Activities: Activities which are concerned with the processing of natural resources are called secondary activities.
Answer:
extraction of raw materials (primary),
manufacturing (secondary), and service industries which exist to facilitate the transport,
distribution and sale of goods produced in the secondary sector (tertiary).