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CBSE Class 10 Economics Question 5 of 27

Sectors of the Indian Economy — Question 9

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Question 6

Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how.

Answer

The classification of economic activities into primary, secondary, and tertiary sectors provides a useful framework for understanding the structure of an economy. It makes easier for us to prepare data about production, growth etc., which in turn can be used to asses economy of the country. This classification helps policymakers, researchers, and businesses analyze economic trends, allocate resources, and design targeted policies.