why is the division of economic activities important
Answers
Answered by
103
Answer:
The knowledge that the agricultural profession is becoming unpopular or regressive can only come if we know which sector it belongs to. Hence it is necessary to classify economic activities into these three sectors for smooth economic administration and development. Was this answer helpful?
Answered by
0
Answer:So an economic activity must be productive in nature, it must involve some aspect of the production of goods and/or services. ... It is what generates the production and the supply of goods and services. The consumption of goods promotes competition and introduction of better products in the market.
Explanation:
Similar questions