Question

State differet types of economic activity

Answer 1

Explanation:

1.production

2.consumption

3.exchange

4.distribution

Answer 2

Answer:

Explanation:

Economists say there are four basic types of economic activities:

The Primary Sector, i.e., raw materials.

The Secondary Sector, which includes industry and manufacturing.

The Tertiary Sector, i.e., services.

The Quaternary Sector, which we also call the 'knowledge sector. '