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| 1. |
Classify the economy of the bases of nature of the activity |
| Answer» WE can classify the economic sector on the basis of nature of activities in three sectors, namely, Primary, Secondaiy and Tertiary sector.\tThe product we get from the nature belongs to primary sector as agriculture.\tThe manufacturing sector where the goods are produced can be classified as secondary sector (Products that are manufactured and are atleast - partly artificial / man made material).\tThe service sector can be classified as Tertiary sector (Products that are not goods but are services rendered by people either to others or for production (engineering, transport, banking etc.). | |