ECONOMICS
ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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If you grew up on a farm in West Texas, would type of economic activities would you most likely participate in?
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Primary
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Secondary
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Tertiary
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Quaternary
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Explanation:
Detailed explanation-1: -Definition: A primary economic activity is a type of operation or industry that involves extracting or refining natural resources, such as mining, agriculture, forestry, and fishing.
Detailed explanation-2: -The type of economic activities-Primary, Secondary and Tertiary.
Detailed explanation-3: -The Agriculture, Forestry, Fishing and Hunting sector comprises establishments primarily engaged in growing crops, raising animals, harvesting timber, and harvesting fish and other animals from a farm, ranch, or their natural habitats.
Detailed explanation-4: -Common examples of primary economic activities include agricultural and animal products, forestry and logging, mining, oil, and gas extraction.
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