ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Farming, mining, fishing, and forestry are all considered to be
A
Primary Economic Activities
B
Secondary Economic Activities
C
Tertiary Economic Activities
D
Quaternary Economic Activities
Explanation: 

Detailed explanation-1: -The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining. The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries.

Detailed explanation-2: -Primary economic activities are those that involve the harvesting, extraction, or collection of natural resources. Secondary economic activities are those that process raw materials into finished products.

Detailed explanation-3: -Primary activities include hunting and gathering, pastoral activities, fishing, forestry, agriculture, and mining and quarrying. People involved in primary activities are called red-collar workers due to the outdoor nature of their work. Gathering and hunting are the oldest economic activities known.

Detailed explanation-4: -Agriculture is a primary activity. It includes growing crops, fruits, vegetables, flowers and rearing of livestock. In the world, 50 per cent of persons are engaged in agricultural activity. Two-thirds of India’s population is still dependent on agriculture.

Detailed explanation-5: -The activities that supply raw materials for manufacturing are called primary activities. This includes activities like agriculture, forestry, and fishing.

There is 1 question to complete.