What are the useful of classification of economic actovities primary secondary and tertery?
Answers
Answered by
2
Heya...
Dividation of economic activities in three sectors as primary , secondary and tertiary sector is important because...
* It shows the ratio that how much people is engaged in which type of activity....
* How much a sector is contributing in economic growth...
* Help to prepare policies to govt...
Dividation of economic activities in three sectors as primary , secondary and tertiary sector is important because...
* It shows the ratio that how much people is engaged in which type of activity....
* How much a sector is contributing in economic growth...
* Help to prepare policies to govt...
Answered by
0
Yes, the classification of economic activities into primary,secondary and tertiary sector is useful
because of the following reasons :-
It helps us to know about what are the share of each sector in GDP in our country
It helps us to know how many workers are employed or working in primary, secondary and tertiary sector.
It tells us that which sector is gaining more importance.
Secondary sector is gradually becoming most important in total production and employment. But there is shift taken place The service sector has become the most important in terms of total production.
Similar questions