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The economic activities are divided into three sectors - primary, secondary, tertiary on the basis of________
  • a)
    Employment conditions
  • b)
    The nature of economic activity
  • c)
    Ownership of enterprises
  • d)
    Number of workers employed in the enterprise
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The economic activities are divided into three sectors - primary, seco...
  • The economic activities are divided into three sectors - primary, secondary, tertiary on the basis of the nature of economic activity
  • The three-sector theory is an economic theory which divided into three sectors activity: extraction of raw material (Primary), manufacturing (Secondary) and services (Tertiary).
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The economic activities are divided into three sectors - primary, secondary, tertiary on the basis of________a)Employment conditionsb)The nature of economic activityc)Ownership of enterprisesd)Number of workers employed in the enterpriseCorrect answer is option 'B'. Can you explain this answer?
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