what is an economic activity what are the different types of economic activity
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any work done with the motive of making money in a legitimate eve is an economic activity there are three types
1.primary activity
2.secondary activity
3.territary activity
1.primary activity
2.secondary activity
3.territary activity
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Economic activities
Explanation:
- Many people in an economy make their living by doing a different kind and types of work and jobs these jobs are called economic activity.
There are three types of economic activity
Primary
secondary
Territory
- The primary sector includes all the agricultural, farming and natural resources producing activity.
- The secondary sector includes all activities related to manufacturing such as assembly lines.
- The territory sector provides services to people such as schools and Banks.
Learn more: Economic activity
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