why do we group activity around us into sector of an economy
Answers
Explanation:
Sectors of Economy: Primary, Secondary, Tertiary, Quaternary and Quinary
FILED UNDER: ECONOMICS NOTES, GEOGRAPHY NOTES
Human activities which generate income are known as economic activities. Economic activities are broadly grouped into primary, secondary, tertiary activities. Higher services under tertiary activities are again classified into quaternary and quinary activities.
Let us first understand the differences between the different sectors of the economy, so that it will be easier for us to understand the factors responsible for the location of primary, secondary, and tertiary sector industries in various parts of the world (including India).
Answer:
Explanation:Human activities which generate income are known as economic activities. Economic activities are broadly grouped into primary, secondary, tertiary activities. Higher services under tertiary activities are again classified into quaternary and quinary activities.
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