Choose whether the statement is true/false:

Primary, secondary, and tertiary economic activity are the three categories.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
Primary, secondary, and tertiary economic activity are the three categories.
Primary, secondary, and tertiary economic activity are the three categories. Principal Exercises. Primary activities directly involve the exploitation and production of natural resources—for instance, mining, fishing, and agriculture. Secondary activities are those that are involved in the processing of natural resources. Examples include the production of final goods—activity Level Three. Finally, tertiary activities are those that do not fit into either the primary or secondary categories. Instead, they support elementary and secondary activities. Examples include marketing, banking, and selling products.

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