economic activity

• Economic activity is the production distribution and exchange of goods and services
• Primary economic activity:(harvest/extraction)

  • Agriculture: is the growth of plants and animals
  • Mining: the extraction of minerals
  • Forestry: means exploiting forest resources
  • Fishery: the catchment of fish
• Importance of fishing

  • source of food
  • source of minerals
  • source of raw material
• Secondary economic activity:( value-added industry)

  • manufacture: the transformation of raw material to product
  • construction: the building of houses
  • power production: means generating power
• Tertiary economic activity:(service sector industry)

  • communication: is the transmission of words and messages
  • tourism: a smoke less indstry
  • trade: Is the exchange of goods and services
  • transportation: is the mov't of goods and ppl