Académique Documents
Professionnel Documents
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Economic activities
What is an economic activity? Activities that relate to production, distribution, exchange and consumption
of goods and services. It can also be any jo or activity a person undergoes
which brings in money to a country.
Primary economic activities Activities that extract natural resources from the earth. Primary industries
produce goods which can be used as is. Eg: Farming, fishing, mining,
forestry, agriculture.
Secondary economic activities This is where one manufactures a primary product to make a new product
of greater value. Eg: textile industry, food processing industry.
Tertiary economic activities These are our services. Eg: transport, banking, education, tourism.
To provide employment
To become self-sufficient
Importance of economic
Promoting development
activity
Develop a country as a tourist attraction
Encourage foreign investment
Increase the GDP
Improved standard of living
Expansion of trade
Promoting the country at an international level