Question

The transformation from a plant to a finished product involves three types of economic activities . Justify the given statement​

Answer 1

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The three Types of economic activities are:

(i) Primary Activities: Primary activities include all those connected with extraction and production of natural resources. Examples: agriculture, fishing, mining.

(ii)Secondary Activities: Activities which are concerned with the processing of natural resources are called secondary activities. Examples: manufacturing of finished steel and baking of bread.

(iii) Tertiary Activities: It provide support to primary and secondary sectors through services. Examples: advertising and banking.