No products in the cart.

Different types of economic activities

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Different types of economic activities
  • 1 answers

Sia ? 4 years, 9 months ago

Economic activities are broadly grouped as Primary activities, Secondary activities, Tertiary activities and Quaternary activities.

  1. Primary Activities: It refers to extraction/utilisation of raw materials from the earth's surface. These include hunting, gathering, pastoralism, fishing, forestry, mining and agriculture.
  2. Secondary Activities: It includes industries that transform raw materials into finished foods having higher value. For example, manufacturing cotton textiles from raw cotton, and iron and steel from iron ore.
  3. Tertiary Activities: It includes all kinds of services provided for the people such as education, health, trade and transport.
  4. Quaternary Activities: It represents special kind of services, which is related to highly intellectual activities. For example, research and development service, information generation, information processing and transmission.
http://mycbseguide.com/examin8/

Related Questions

What do you understand by SVA Analogy
  • 0 answers
Explain the need for outsourcing
  • 0 answers
Who is a secret partner?
  • 3 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App