What are the three maine economic activity in an economy
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The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and services (tertiary).
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The three main sectors of the economy are :
Primary sector - extraction of raw materials - mining , fishing and agriculture .
Secondary / Manufactory sector - Concerned with producing finished goods , e.g. factories making toys , cars , food and clothes.....
Primary sector - extraction of raw materials - mining , fishing and agriculture .
Secondary / Manufactory sector - Concerned with producing finished goods , e.g. factories making toys , cars , food and clothes.....
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