play is an which activity primary, secondary or tertiary also tell organized or unorganised
Answers
Answer:
i) 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 and it also helps to classify the different occupations that are taken up by the people in the country and how much each sector contributes to the growth of the country.
ii) It is also important because it helps in asserting that which sector contributes the most in the GDP and which sector has the scope to employ more people and increase the National Income.
iii) It helps in calculating how much goods and services are produced and how many people work in each sector.
iv) This type of classification helps in comparing the level of growth in different countries