Question

What do you understand by economic activities? Explain between different sectors of economic sectors.

Answer 1

Economic activities are the ones which give a profit or like salary/ wages that a person gets after working

Answer 2

Economic activities are the activities which contribute to the flow of goods and services in an economy.
Primary sector, secondary sector and tertiary sector are the different economic sectors
1. Primary sector- It includes those activities which are closely related to man's natural environment. This sector forms the base for all other sectors.
For e.g. gathering, hunting, fishing etc.
Secondary sector- It includes the occupations which produce finished goods by using the products of primary sector as raw materials. It is also known as manufacturing sector. For e.g manufacturing of cloth from cotton, sugar from sugarcane etc.
Tertiary sector- It helps in the development of primary and secondary sector. This sector, by themselves, do not produce a good, but they are a support for the production process.So it is also known as support sector.For e.g. transport, communication, etc.