Question

what are sector? classify the economy activity​

Answer 1

Answer:

hey mate here is your answer:

Explanation:

A sector is an area of the economy in which businesses share the same or a related product or service. It can also be thought of as an industry or market that shares common operating characteristics. Dividing an economy into different sectors allows for more in-depth analysis of the economy as a whole.

Classification of economic activities: In terms of the national economy, a basic classification of economic sectors, broken into four basic sectors is used:

1. Primary Sector (Raw Materials)

2. Agriculture and allied activities like mining, fishery, forestry, dairy and poultry are included in this sector.

Hope it will help you....