type of economic activity
Answers
Answered by
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Explanation:
Four Types of Economic Activities
Primary activities.
Secondary Activities.
Tertiary activities.
Quaternary services.
Answered by
0
Answer:
Four Types of Economic Activities
- Primary activities.
- Secondary Activities.
- Tertiary activities.
- Quaternary services
Explanation:
- primary activity: Activities associated with primary economic activity include agriculture (both subsistence and commercial), mining, forestry, grazing, hunting and gathering, fishing, and quarrying. The packaging and processing of raw materials are also considered to be part of this sector.
- secondary activity: Economic activity involving the processing of raw materials and their transformation into finished industrial products are called Secondary economic activities . the manufacturing sector composes the secondary activities.”
- Tertiary activity:
- This includes the sale and purchase of shares, bonds and foreign exchange or the lending and borrowing of funds. Treasurers frequently need to use financial markets to help manage and mitigate risks.
- quaternary activity:This consists of information technology; media; research and development; information-based services such as information-generation and information-sharing; and knowledge-based services such as consultation, education, financial planning, blogging, and designing
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