ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which type of economic activity uses raw materials to produce something new?
A
Primary
B
Secondary
C
Tertiary
D
Quaternary
Explanation: 

Detailed explanation-1: -Secondary economic activity is usually the next step in production following the collection of raw materials. This often results in manufacturing something from those materials, such as paper from wood or pulp, or refining ore into metal.

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: -The activity called ‘Secondary economic activity’ refers to a secondary or additional job for those who are mainly employed in the reference period of one year.

Detailed explanation-4: -Some of the secondary sector activities are automobile production, metalworking, and smelting, chemical and engineering industries, energy utilities, textile production, aerospace manufacturing, engineering, breweries and bottlers, construction, and shipbuilding.

Detailed explanation-5: -Secondary Production was defined as “Manufacturing Industries, etc., the transformation or modification of materials together with the construction of buildings, roads, etc., and the repair of finished products.” Studies and Reports.

There is 1 question to complete.