Exploring Economic Activities

What are the three main types of economic activities?

• Primary, Secondary, Tertiary

• Quaternary, Quinary, Tertiary

• Secondary, Tertiary, Quinary

• Primary, Quaternary, Tertiary

Define primary economic activities and give an example.

• Farming is an example of a primary economic activity.

• Retailing is an example of a primary economic activity.

• Mining is an example of a primary economic activity.

• Manufacturing is an example of a primary economic activity.

What distinguishes secondary economic activities from primary activities?

• Secondary activities involve agriculture and farming.

• Secondary activities transform raw materials into products, whereas primary activities extract natural resources.

• Primary activities include manufacturing and assembly.

• Secondary activities focus on service provision rather than production.

Explain what tertiary economic activities involve.

• Tertiary economic activities involve the provision of services to consumers and businesses.

• Tertiary economic activities focus on manufacturing goods.

• Tertiary economic activities involve the extraction of natural resources.

• Tertiary economic activities are primarily concerned with agriculture.

Can you name a few examples of quaternary economic activities?

• Examples of quaternary economic activities include research and development, information technology services, financial consulting, education, and healthcare services.

• Manufacturing goods

• Agricultural production

• Mining and extraction