name the economic activity in which people are rewarded with salary or wages for their work.
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Answer:
industry and manufacturing
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The economic activity referred to in the given question is called EMPLOYMENT ACTIVITY.
- Employment activity is a sort of activity in which people are hired to work for an organization on a contractual or permanent basis.
- These individuals are referred to as laborers, employees, or officers.
- They are employed to complete specific tasks that best fit their expertise and help the firm achieve its objectives.
- They are compensated for their job with pay or salary.
- Workers are paid money in the form of wages, whereas employees are given a monthly salary for their services to the organization.
- Employment is primarily in the secondary and tertiary sectors of the economy.
- Therefore the correct answer is employment.
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