Which of the following is the best comparison of primary and secondary economic activities?(1 point)
Responses
Primary economic activities involve the use of raw materials to produce finished goods, while secondary economic activities involve the sale and marketing of those goods.
Primary economic activities involve the use of raw materials to produce finished goods, while secondary economic activities involve the sale and marketing of those goods.
Primary economic activities involve the sale and marketing of goods, while secondary economic activities involve the extraction of raw materials.
Primary economic activities involve the sale and marketing of goods, while secondary economic activities involve the extraction of raw materials.
Primary economic activities involve extraction and production of raw materials, while secondary economic activities involve the use of raw materials to produce finished goods.
Primary economic activities involve extraction and production of raw materials, while secondary economic activities involve the use of raw materials to produce finished goods.
Secondary economic activities involve extraction and production of raw materials, while primary economic activities involve the use of raw materials to produce finished goods.
Secondary economic activities involve extraction and production of raw materials, while primary economic activities involve the use of raw materials to produce finished goods.
Primary economic activities involve the extraction and production of raw materials, while secondary economic activities involve the use of raw materials to produce finished goods.
how do you know?
I know this because primary economic activities are focused on the initial extraction or production of raw materials, such as mining, farming, or fishing. These raw materials are then used in secondary economic activities, where they are transformed or processed to create finished goods, such as manufacturing or construction. This distinction is widely accepted in economics and is a basic concept in understanding the different stages of economic production.
The correct comparison of primary and secondary economic activities is:
Primary economic activities involve the extraction and production of raw materials, while secondary economic activities involve the use of raw materials to produce finished goods.
To arrive at this answer, we can break down the definitions of both primary and secondary economic activities:
1. Primary economic activities: These are activities that involve the extraction and production of raw materials directly from the natural environment. Examples include farming, fishing, mining, and forestry.
2. Secondary economic activities: These activities involve the use of raw materials obtained from primary activities to produce finished goods or provide services. Examples include manufacturing, construction, and processing of raw materials.
By comparing these definitions, we can determine that primary economic activities focus on extracting and producing raw materials, while secondary economic activities focus on using those raw materials to create finished goods. Therefore, the best comparison is:
Primary economic activities involve extraction and production of raw materials, while secondary economic activities involve the use of raw materials to produce finished goods.