What are the three sectors of economic activities on the basis of the ownership of resources?
What are the three sectors of economic activities on the basis of the ownership of resources?
On the basis of ownership : public and private sector. Public sector : government owns most of the assets and provides all the services. eg: railways,post office. Private sector : owners of assets and delivery of services are in the hands of private individuals or private companies.
Which sector is good for job?
The Tax and Accounting sector is the happiest industry for job satisfaction, according to job board Monster. Those working in Finance cite a good work-life balance, control over workload and career path and equality of pay and working conditions as the best reasons to work in the industry.
What are primary and secondary products?
Primary products are products in their natural states for example, raw materials that are “extracted” from the land or ocean. Secondary products are products that have been processed. Most products from the primary industry sector are considered raw materials for other industries.
What are examples of primary economic activities?
Primary economic activities include anything to do with the harvesting or mining of raw materials. Fishing is an example of a primary economic activity that goes on throughout the world and has been part of the human economy for thousands of years. Other examples include farming, hunting, mining, and wood chopping.
What are the examples of economic activities?
The four essential economic activities are resource management, the production of goods and services, the distribution of goods and services, and the consumption of goods and services.
What are tertiary activities explain with examples?
Tertiary activity consists of all service occupations. Transport, communication, trade, health, education and administration are important examples of tertiary activities. These tertiary activities help in the development of the primary and secondary sectors. So these are also known as support services.
How can tertiary sector improve employment?
Creating small scale factories. Proper supply of energy for the small scale industries. People who are not working in fields could work their and get paid according to their skills. If small scale industries get success, It would led the demand of transport so tertiary sector would also improve.
How can we increase employment in primary sector?
what can be suggestion to create more employment in the agriculture sector. Pls explain.
- Seeds and fertilizers could be subsidized.
- Loans could be given to farmers to dig wells to irrigate their land.
- Dams can be built to irrigate dry areas.
- Storage facilities could be provided.
- Transport facilities could be increased.