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Which one among the following best describes an economic activity that is concerned with production of goods,extraction of minerals or the provision of services
  • a)
    Agriculture
  • b)
    Raw material
  • c)
    Industry
  • d)
    Manufacturing
Correct answer is 'C'. Can you explain this answer?
Verified Answer
Which one among the following best describes an economic activity that...
The term 'industry' implies an economic activity involving goods production, mineral extraction or provision of consumer services. Industry is the production of goods or related services within an economy. It converts the raw materials into the finished products.
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Most Upvoted Answer
Which one among the following best describes an economic activity that...
Economic activity concerned with the processing of raw materials and manufacture of goods in factories
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Which one among the following best describes an economic activity that is concerned with production of goods,extraction of minerals or the provision of servicesa)Agricultureb)Raw materialc)Industryd)ManufacturingCorrect answer is 'C'. Can you explain this answer?
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Which one among the following best describes an economic activity that is concerned with production of goods,extraction of minerals or the provision of servicesa)Agricultureb)Raw materialc)Industryd)ManufacturingCorrect answer is 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which one among the following best describes an economic activity that is concerned with production of goods,extraction of minerals or the provision of servicesa)Agricultureb)Raw materialc)Industryd)ManufacturingCorrect answer is 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one among the following best describes an economic activity that is concerned with production of goods,extraction of minerals or the provision of servicesa)Agricultureb)Raw materialc)Industryd)ManufacturingCorrect answer is 'C'. Can you explain this answer?.
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