Economy, asked by RiyaNoorr, 11 months ago

What are the various activities which are classified in an economy

Answers

Answered by raviravi95
1
Primary activities are directly dependent on environment as these refer to utilisation of earth's resources such as land, water, vegetation, building materials and minerals. It, thus includes, hunting and gathering,pastoral activities, fishing,forestry, agriculture, andmining and quarrying.
Answered by saketdas10pc29qm
2
Primary activities
Primary activities are directly dependent on environment as these refer to utilisation of earth’s resources such as land, water, vegetation, building materials and minerals. It, thus includes, hunting and gathering, pastoral activities, fishing, forestry, agriculture, and mining and quarrying.



Secondary activities
Secondary activities add value to natural resources by transforming raw materials into valuable products. Secondary activities, therefore, are concerned with manufacturing, processing and construction (infrastructure) industries.



Tertiary activities
Tertiary activities include both production and exchange. The production involves the ‘provision’ of services that are ‘consumed. Exchange, involves trade, transport and communication facilities that are used to overcome distance.

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