Name four types of economic activities and match each of the following with correct type of economic activity?
1):- Manufacturing
2):- Mining and Agriculture
3):- Knowledge based activities ( health care, education, scientist)
4):- Services and Trade.
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The four essential economic activities are resource management, the production of goods and services, the distribution of goods and services, and the consumption of goods and services. As you work through this book, you will learn in detail about how economists analyze each of these areas of activity.
1. production of good and services
2. consumption of good and services
3. distribution of good and services
4. resource management
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1
Answer:
Four types of economic activities are primary, secondary, tertiary, and quaternary activities.
Primary: Mining and agriculture
Secondary: Manufacturing
Tertiary: Services and Trade
Quaternary: Knowledge based activities ( health care, education, scientist)
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