Types of Economic Activities
Answers
Answer:
Four Types of Economic Activities
Four Types of Economic ActivitiesPrimary activities.
Four Types of Economic ActivitiesPrimary activities.Secondary Activities.
Four Types of Economic ActivitiesPrimary activities.Secondary Activities.Tertiary activities.
Quaternary services
Explanation:
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Answer:
Four Types of Economic Activities.
- primary activities.
- secondary activities.
- teritary activities.
- quaternary activities.
Explanation:
primary activities: The Primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, hunting, fishing, and mining. The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries.
secondary activities: Secondary Economic Activities Secondary economic activities are those in which raw materials are processed or processed materials are further processed. Factories are systems: (1) Mill: raw material input = wheat, process = grinding, output/finished.
tertiary activities: The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work.
quaternary activities: The quaternary sector is based on pure knowledge and skill of a person. It consists of intellectual industries providing information services, such as computing and ICT (information and communication technologies), consultancy (offering advice to businesses) and R&D (research, particularly in scientific fields).