What are the groups of classification of an economy called? Full Marks : 1 (a) Sectors (b) Centers (c) Types (d) Categories
Answers
Answered by
1
Answer:
Ans is c
Explanation:
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Answered by
1
Answer:
The correct answer is (a) Sectors.
Explanation:
- People engage in a variety of economic activities, such as making items and providing services, and classifying these activities according to key criteria is the best approach to comprehend the economy.
- Sectors are the names given to these entities or parts.
- An economic sector is a region where enterprises engage in the same type of activity, offer comparable goods and services, or both. Sectors are significant groups of businesses engaged in related commercial activity, such as agriculture and resource exploitation.
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