What type of the activities that add value to the national income?
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Answer:
The activities of making, providing, selling and purchasing good or services are known as economic activities. They happen at all levels within the society. Any activity that involves exchange of money, products or services is known as economic activities, running a small business is an example of economic activity. According to economists there are four types of economic activities. The Primary sector activities, the secondary sector activities, Tertiary sector and Quaternary sector actives. Mining, fishing and agriculture is primary sector activity. The secondary sector activities involve the production of finished goods such as clothes, Cars and food. The tertiary sector involves the activities in which intangible goods and services are offered to customers. All these activities add value to the the national income.