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What is the main purpose of classifying economic activities into different sectors?
  • a)
    To confuse students
  • b)
    To analyze production and employment patterns
  • c)
    To limit job opportunities
  • d)
    To increase government control
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is the main purpose of classifying economic activities into diffe...
The primary aim of classifying economic activities into different sectors is to analyze the patterns of total production and employment, enabling a better understanding of the economy's functioning and needs.
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What is the main purpose of classifying economic activities into different sectors?a)To confuse studentsb)To analyze production and employment patternsc)To limit job opportunitiesd)To increase government controlCorrect answer is option 'B'. Can you explain this answer?
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