The shifting of economic activities mean that:
(a) previous sectors have been completely eliminated.
(b) importance of next sector is increased.
(c) production in three sectors has increased substantially.
(d) primary sector has increased quantitatively.
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Answer:
production in three sectors has increased substantially
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Explanation: Shifting of economic activities means production in three sectors has increased substantially
- Economic activities are those act the which add value to national income.
- It refers to the activities of producing, purchasing, selling and distribution of goods & services that involve financial transaction.
- The shift economic in activities is a result of urbanization.
- The three sectors of economy are interdependent on each other.
- Primary sector is for the production of goods and services.
- Secondary sector comprises activities related to the processing of natural resources.
- Tertiary sector comprises activities that provide help in the development of both the sectors.
- The shifting of economic activities means the production in all the three sectors has increased substantially.
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