What is economic activities? how can you classify them ?
Answers
Answer:
Classification of Economic Activities
Primary Sector: Simply speaking primary sector refers to that sector of the economy which uses natural resource to produce goods. ADVERTISEMENTS: ...
Secondary Sector: Secondary sector is also called as manufacturing sector or industrial sector. ...
Tertiary Sector: ADVERTISEMENTS:
Answer:
An economic activity is a process that, based on inputs, leads to the manufacture of a good or the provision of a service. ... may carry out one or more economic activities, but each unit has only one main activity.
Classification of Economic Activities
Primary Sector: Simply speaking primary sector refers to that sector of the economy which uses natural resource to produce goods. ADVERTISEMENTS: ...
Secondary Sector: Secondary sector is also called as manufacturing sector or industrial sector. ...
Tertiary Sector: ADVERTISEMENTS: