ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If you grew up on a farm in West Texas, would type of economic activities would you most likely participate in?
A
Primary
B
Secondary
C
Tertiary
D
Quaternary
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.

There is 1 question to complete.