Agriculture

Question

Describe the three types of economic activities with examples.

Answer

The three types of economic activities are described below:


(i)Primary Activities: Primary activities include all those connected with extraction and production of natural resources.
Examples: agriculture, fishing, mining.

(ii)Secondary Activities: Activities which are concerned with the processing of natural resources are called secondary activities.
Examples: manufacturing of finished steel and baking of bread.

(iii)Tertiary Activities: It provide support to primary and secondary sectors through services.
Examples: advertising and banking.

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