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What are the Economic activities?



Asked by Toyin faks, Last updated: Jun 05, 2024

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2 Answers

Cesar H. Pablo

Cesar H. Pablo

Cesar H. Pablo
Cesar H. Pablo, Journalist

Answered Sep 06, 2017

Economic activities are divided into four sectors and these sectors are as follows: Primary, secondary, tertiary and quaternary. These activities come from the way we run our nation’s economy – from the extraction of raw materials to getting revenues from services offered. The primary sector is the part wherein we make use of our natural resources. This includes different businesses such as agriculture, mining, fishing, hunting and forestry. The secondary sector is the part wherein raw materials are manufactured into food or things which we can use in our daily lives.

This includes automobile production, engineering industries, energy utilities and construction. The tertiary sector is wherein manufactured food or goods are sold for public consumption. This includes wholesale stores, transportation, restaurants, banks, law services and hospitals. Quaternary sector is the part wherein certain things are needed to be handled by technically-inclined people. This includes information technology, designing and research and development.

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John Smith

John Smith

John Smith
John Smith

Answered Aug 17, 2017

Primary, Secondary, Tertiary, Quaternary Primary activites: *Use natural resources directly *includes farming, fishing, forestry, herching, and mining *located: site of natural resource being used Secondary activities: *use raw materials to make something new *include steelmaking, processing wheat into flour, and making lumber into plywood. located: close to the resource being used or market for the finished product Tertiary Activities: *provide services to the people/buisnesses *unclude doctors, teachers, dry cleaners, store clerks, truck drivers, and resturant staff *located near customers to serve better. *use of computer and internet change this though Quaternary Activities: * process and distribute information *include research scientists, computer programmers, and government administrators located: pretty much everywhere.

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