Economic activities vary significantly with levels of development. In less developed countries, primary activities such as agriculture and mining dominate, often employing a large portion of the population but yielding low income. As countries develop, there's a shift toward secondary activities like manufacturing, and eventually to tertiary activities such as services and technology in more advanced economies. This progression reflects increased investment in education, infrastructure, and technology, leading to higher productivity and income levels.
Economic plan means utilisation of country's resources in different development activities in accordance with nation priorities
Ecomic bad may be defined as the factors which affect the development of economic activities.
A geographer who examines human economic activities is known as an economic geographer. This specialist analyzes the spatial distribution of economic activities, including production, consumption, and trade, and studies how these activities are influenced by and interact with geographic factors such as location, resources, and environment. Economic geographers often explore topics like globalization, regional development, and the impact of economic policies on different areas. Their work helps to understand the complex relationships between geography and economic processes.
Economic growth that assures basic resources for the future is associated with sustainable human development. This type of development meets current needs without compromising the future.
An example of a Quaternary economic activity is research and development (R&D) in the technology sector. This includes activities such as software development, scientific research, and innovation in fields like biotechnology or renewable energy. These activities focus on knowledge generation and the application of advanced technologies, contributing to economic growth and development.
Economic plan means utilisation of country's resources in different development activities in accordance with nation priorities
Ecomic bad may be defined as the factors which affect the development of economic activities.
Financial development is usually defined as a process that marks improvement in quantity, quality, and efficiency of financial intermediary services. This process involves the interaction of many activities and institutions and possibly is associated with economic growth.
A geographer who examines human economic activities is known as an economic geographer. This specialist analyzes the spatial distribution of economic activities, including production, consumption, and trade, and studies how these activities are influenced by and interact with geographic factors such as location, resources, and environment. Economic geographers often explore topics like globalization, regional development, and the impact of economic policies on different areas. Their work helps to understand the complex relationships between geography and economic processes.
Which kinds of activities have been undertaken by the Govt. of Bangladesh for development of economic infrastructure in the last 10 years?
Economic growth that assures basic resources for the future is associated with sustainable human development. This type of development meets current needs without compromising the future.
An example of a Quaternary economic activity is research and development (R&D) in the technology sector. This includes activities such as software development, scientific research, and innovation in fields like biotechnology or renewable energy. These activities focus on knowledge generation and the application of advanced technologies, contributing to economic growth and development.
The factors that affects economic development are 1. Unemployment. 2. Youth restiveness. 3. Government Policy. 4. Income level. 5. Population. 6. Other economic activities.
The Andes Mountains had a profound effect on the economic development in South America. For example, Chile has had an economy centered around maritime activities for foods and transportation because of the difficulty of large-scale agricultural activities.
primary, secondary and tertiary
Yes, the traditional economic activities are the same as the ealy economic activities.
Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually encorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development.