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FAQs on Mind Map: Economic Activities Around Us - Subject-Wise Mind Maps for Class 6
| 1. What are the main types of economic activities? |  |
Ans. The main types of economic activities include primary, secondary, and tertiary activities. Primary activities involve the extraction and harvesting of natural resources, like farming and fishing. Secondary activities include manufacturing and construction, where raw materials are transformed into finished products. Tertiary activities provide services to consumers and businesses, such as healthcare, education, and retail.
| 2. How do economic activities impact our daily lives? | |
Ans. Economic activities greatly impact our daily lives by influencing the availability of goods and services, job opportunities, and overall quality of life. For example, the agricultural sector provides food, while the manufacturing sector creates products we use every day. Services like education and healthcare contribute to our well-being and development.
| 3. What role do consumers play in economic activities? | |
Ans. Consumers play a vital role in economic activities as they drive demand for goods and services. Their choices influence what products are produced and how businesses operate. When consumers purchase items, they support businesses and encourage economic growth. Additionally, consumer feedback can lead to improvements and innovations in products and services.
| 4. Can you explain the concept of trade in economic activities? | |
Ans. Trade is the exchange of goods and services between individuals or countries. It is a crucial part of economic activities as it allows for specialization, where different regions or countries focus on producing what they do best. Trade can be domestic (within a country) or international (between countries) and helps in accessing a wider variety of products, enhancing economic development.
| 5. What are some examples of local economic activities? | |
Ans. Local economic activities can include small businesses like grocery stores, restaurants, and local farms. These activities help sustain the community by creating jobs and providing essential services. Additionally, local markets and craft fairs showcase local artisans and products, promoting economic growth within the community.
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