ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Extraction of resources such as mining, agriculture, or fishing
A
Primary
B
Secondary
C
Tertiary
D
Quaternary
E
Quinary
Explanation: 

Detailed explanation-1: -Mining as a production activity belongs to secondary sector of economy.

Detailed explanation-2: -Primary industries are those that harvest or extract raw material from nature, such as agriculture, oil and gas extraction, logging and forestry, mining, fishing, and trapping.

Detailed explanation-3: -Mining is a primary activity. It also includes hunting and gathering, pastoral activities, fishing, forestry, agriculture, and mining and quarrying.

Detailed explanation-4: -Natural resources are used directly in the primary sector of the economy. Oil and gas extraction, as well as agriculture, are included in this.

There is 1 question to complete.