CH: 14 Economic Activities Around Us

What are primary economic activities?

• Primary economic activities are those that involve the extraction and harvesting of natural resources, such as agriculture, fishing, forestry, and mining.

• Quaternary economic activities involving information services

• Tertiary economic activities like retail and services

• Secondary economic activities such as manufacturing

Give two examples of primary economic activities.

• Construction, Tourism

• Manufacturing, Retail

• Agriculture, Fishing

• Mining, Forestry

What is the main focus of secondary economic activities?

• Providing services to consumers.

• Selling finished goods to retailers.

• Transforming raw materials into finished goods.

• Extracting natural resources from the environment.

What are tertiary economic activities?

• Tertiary economic activities are service-based activities that provide support to consumers and businesses.

• Tertiary economic activities are limited to agricultural practices.

• Tertiary economic activities are primarily focused on manufacturing goods.

• Tertiary economic activities involve the extraction of raw materials.

How do tertiary economic activities support primary and secondary sectors?

• Tertiary activities focus solely on manufacturing goods.

• Primary and secondary sectors do not rely on services at all.

• Tertiary activities support primary and secondary sectors by providing services that enhance distribution, marketing, and sales of goods.

• Tertiary activities only provide raw materials for production.

Explain the interrelation between primary, secondary, and tertiary sectors.

• The primary sector includes technology, the secondary sector includes agriculture, and the tertiary sector includes construction.

• The primary sector provides services, the secondary sector extracts resources, and the tertiary sector processes them.

• The primary sector is focused on manufacturing, the secondary sector on agriculture, and the tertiary sector on mining.

• The primary sector extracts resources, the secondary sector processes them, and the tertiary sector provides services, creating an interconnected economic system.

Describe the Amul cooperative and its significance.

• The Amul cooperative primarily focuses on exporting dairy products to foreign markets.

• The cooperative is known for its high prices and limited access for farmers.

• The Amul cooperative is significant for empowering dairy farmers, ensuring fair prices, and transforming India's dairy industry through a successful cooperative model.

• Amul is a government-run initiative that controls all dairy production in India.

How does Amul support farmers in the primary sector?

• Amul supports farmers by ensuring fair prices, providing training, and facilitating market access.

• Amul focuses solely on exporting dairy products.

• Amul only buys milk from large corporations.

• Amul provides loans to farmers at high interest rates.

What is the impact of secondary economic activities on the environment?

• Secondary economic activities negatively impact the environment by causing pollution, resource depletion, and habitat destruction.

• Secondary economic activities solely benefit local communities without any drawbacks.

• They have no significant effect on the environment.

• Secondary economic activities improve air quality and promote biodiversity.

List one advantage of tertiary economic activities for consumers.

• Increased convenience for consumers.

• Limited access to services.

• Higher prices for consumers.

• Decreased product variety.