Write a short note on the types of economic activities. Give examples.

Asked by Monika | 1 year ago |  121

1 Answer

Solution :-

The three types of economic activities are primary, secondary, and tertiary. Primary Activities. Activities which involve direct extraction and production of natural resources are called primary activities. Examples: agriculture, fishing, mining. Secondary Activities. Activities which are concerned with the processing of natural resources are called secondary activities. Examples: manufacturing of finished products. Tertiary Activities. Activities which fall neither in the primary category nor the second category are called tertiary activities. They form support to primary and secondary activities. Examples: selling goods, advertising, and banking.

Answered by Mayu | 1 year ago

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