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What are the two types of economic activity? Explain
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What are the two types of economic activity? Explain

User Naomi Fridman
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Primary, secondary, and tertiary activity
User Manu P
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Answer:

Economic activity: Activities that are related to the production and consumption of goods in return for money. The main motive is to earn money.

The economic activities are:

Primary activity: these are related to the extraction of natural resources.

Secondary activity: these are related to the processing of raw materials.

Tertiary activity: these are related to providing services.

User Wendie
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