Question

Differentiate between:

Secondary economic activities and Tertiary economic activities.

Answer 1

Secondary Economic Activities	Tertiary Economic Activities
(i) Secondary activities are concerned with activities adding value to existing products from primary activities.	(i) Tertiary activities are concerned with providing services rather than providing material goods.
(ii) Development of secondary activities depends upon the production of resources in primary activities.	(ii) Development of tertiary activities depends upon the development of secondary activities.
(iii) Manufacturing and construction are important secondary activities.	(iii) Trade, transport communication, banking, insurance, etc., are tertiary activities.
(iv) Secondary activities produce goods and commodities.	(iv) Tertiary activities help reach these goods and commodities to the consumers.
(v) Secondary activities may be away from the market and settlement.	(v) Tertiary activities are always near the market and settlement.