what are the three types of economic activities. plz tell me the answer friends
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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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Explanation:
Primary activities - The activities which includes the production of basic foods and raw materials. ...
Secondary Sector - This sector was related to the manufacturing and production of the raw materials and products. ...
Tertiary Sector - This includes services so called as service sector.
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