what is economics list the different economic activities
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The economic activity is a type of activity which includes, manufacturing,selling, purchasing of different types of goods and services,in the consumer market. 1) Primary activities : These activities are mainly related with the different types of raw materials.
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Economic activity: Activities that are related to the production and consumption of goods in return for money. The main motive is to earn money.
The economic activities are:
Primary activity: these are related to the extraction of natural resources.
Secondary activity: these are related to the processing of raw materials.
Tertiary activity: these are related to providing services.
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