In the dairy cooperative example, the tertiary sector encompasses activities related to the transportation, distribution, and sale of dairy products to consumers. This sector focuses on providing services rather than producing goods, ensuring that processed products from the secondary sector, like mRead more
In the dairy cooperative example, the tertiary sector encompasses activities related to the transportation, distribution, and sale of dairy products to consumers. This sector focuses on providing services rather than producing goods, ensuring that processed products from the secondary sector, like milk, butter, and cheese, reach markets and customers efficiently. In the case of cooperatives like AMUL, the tertiary sector plays a vital role in logistics, marketing, and retail, helping to connect producers with consumers while contributing to the cooperative’s overall success and market presence. Therefore option 3 is correct answer.
The secondary sector is responsible for processing raw materials, such as wood, into finished products like paper. This involves industrial activities that convert natural resources into manufactured goods through processes like refining, crafting, or assembling. By adding value to raw materials, thRead more
The secondary sector is responsible for processing raw materials, such as wood, into finished products like paper. This involves industrial activities that convert natural resources into manufactured goods through processes like refining, crafting, or assembling. By adding value to raw materials, the secondary sector supports industries like construction, manufacturing, and consumer goods, contributing to economic development. For example, wood harvested from the primary sector is processed in factories to produce paper, which is then used in various sectors, from publishing to packaging. Therefore option 2 is correct.
Transforming raw wood into furniture is a clear example of value addition, where the basic raw material is enhanced to create a more valuable product. In this process, the wood undergoes several stages, including cutting, shaping, finishing, and assembling, which collectively elevate its utility andRead more
Transforming raw wood into furniture is a clear example of value addition, where the basic raw material is enhanced to create a more valuable product. In this process, the wood undergoes several stages, including cutting, shaping, finishing, and assembling, which collectively elevate its utility and aesthetic appeal. This not only increases the monetary worth of the wood but also provides consumers with functional and attractive items for their homes or offices. Value addition is crucial in economic activities as it boosts profitability for manufacturers, creates jobs, and contributes to overall economic growth by increasing the variety and quality of products available in the market. Therefore option 2 is correct.
Volunteering is considered a non-economic activity because it involves giving time and effort without expecting any monetary compensation in return. Individuals engage in volunteering to support various causes, help their communities, or assist organizations, driven by goodwill, personal values, orRead more
Volunteering is considered a non-economic activity because it involves giving time and effort without expecting any monetary compensation in return. Individuals engage in volunteering to support various causes, help their communities, or assist organizations, driven by goodwill, personal values, or a desire to make a difference. Unlike economic activities that focus on generating income or profit, volunteering enhances social welfare and fosters a sense of community by addressing needs and providing support to those less fortunate. This altruistic approach not only enriches the lives of volunteers but also contributes significantly to societal well-being and cohesion. Therefore option 2 is correct.
Monetary value refers to the worth of an item, service, or asset that can be expressed and quantified in financial terms, typically as a specific amount of money. It allows for easy comparison, trade, and exchange in economic activities, as it provides a standard measure for determining how much somRead more
Monetary value refers to the worth of an item, service, or asset that can be expressed and quantified in financial terms, typically as a specific amount of money. It allows for easy comparison, trade, and exchange in economic activities, as it provides a standard measure for determining how much something is worth in the market. This value plays a key role in transactions, investments, and financial decision-making, influencing how goods and services are bought, sold, and evaluated in economic systems. Therefore option 2 is correct answer.
Mining coal is a primary sector activity because it involves the extraction of a natural resource directly from the earth. This sector focuses on activities like mining, agriculture, and fishing, which provide raw materials essential for other sectors. In the case of coal mining, the coal is extractRead more
Mining coal is a primary sector activity because it involves the extraction of a natural resource directly from the earth. This sector focuses on activities like mining, agriculture, and fishing, which provide raw materials essential for other sectors. In the case of coal mining, the coal is extracted and then used as an energy source or raw material for industries in the secondary sector. Primary sector activities form the base of the economic production chain, supplying the foundational resources for manufacturing and energy production. Therefore option 2 is correct answer.
The AMUL cooperative empowered farmers by allowing them to take control of the entire milk production and sales process, significantly reducing their reliance on middlemen. By pooling resources and collaborating, farmers can process, market, and sell their milk products directly, which enhances theiRead more
The AMUL cooperative empowered farmers by allowing them to take control of the entire milk production and sales process, significantly reducing their reliance on middlemen. By pooling resources and collaborating, farmers can process, market, and sell their milk products directly, which enhances their income and ensures fair prices. This cooperative model not only boosts individual farmer livelihoods but also fosters community strength and collective decision-making. Ultimately, AMUL illustrates how cooperative structures can enhance economic independence and sustainability for agricultural producers. Therefore option 2 is correct answer.
The three sectors of the economy—primary, secondary, and tertiary—are intricately interconnected and work together to drive economic activity. The primary sector extracts raw materials, such as minerals, crops, and timber, which serve as the foundation for production. The secondary sector processesRead more
The three sectors of the economy—primary, secondary, and tertiary—are intricately interconnected and work together to drive economic activity. The primary sector extracts raw materials, such as minerals, crops, and timber, which serve as the foundation for production. The secondary sector processes these raw materials into finished goods, like furniture or textiles. Finally, the tertiary sector provides essential support services, including transportation, marketing, and retail, facilitating the distribution and sale of these products to consumers. This interdependence ensures a smooth flow of resources, production, and services, creating a cohesive economic ecosystem. Therefore option 2 is correct answer.
Fishing is classified as a primary sector activity because it entails the direct extraction of natural resources from the environment, specifically aquatic life. This sector focuses on activities that utilize raw materials obtained from nature, such as fishing, agriculture, and forestry. By catchingRead more
Fishing is classified as a primary sector activity because it entails the direct extraction of natural resources from the environment, specifically aquatic life. This sector focuses on activities that utilize raw materials obtained from nature, such as fishing, agriculture, and forestry. By catching fish and other seafood, this activity provides essential food sources and raw materials for various industries. The primary sector’s role in fishing underscores its significance in sustaining livelihoods, contributing to food security, and supporting economic activities related to food processing and distribution. Therefore option 3 is correct.
The tertiary sector plays a crucial role by providing services that support the activities of both the primary and secondary sectors, encompassing areas like transportation, communication, and retail. This sector focuses on facilitating the movement of goods, information, and people, ensuring smoothRead more
The tertiary sector plays a crucial role by providing services that support the activities of both the primary and secondary sectors, encompassing areas like transportation, communication, and retail. This sector focuses on facilitating the movement of goods, information, and people, ensuring smooth operations across the economy. For example, transportation services are essential for delivering raw materials from the primary sector to manufacturers in the secondary sector, while retail services help bring finished products to consumers. By enabling efficient interaction between various economic activities, the tertiary sector is vital for overall economic growth and development. Therefore option 3 is correct answer.
What is the role of the tertiary sector in the dairy cooperative example given in the chapter?
In the dairy cooperative example, the tertiary sector encompasses activities related to the transportation, distribution, and sale of dairy products to consumers. This sector focuses on providing services rather than producing goods, ensuring that processed products from the secondary sector, like mRead more
In the dairy cooperative example, the tertiary sector encompasses activities related to the transportation, distribution, and sale of dairy products to consumers. This sector focuses on providing services rather than producing goods, ensuring that processed products from the secondary sector, like milk, butter, and cheese, reach markets and customers efficiently. In the case of cooperatives like AMUL, the tertiary sector plays a vital role in logistics, marketing, and retail, helping to connect producers with consumers while contributing to the cooperative’s overall success and market presence. Therefore option 3 is correct answer.
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The transformation of wood into paper belongs to which sector?
The secondary sector is responsible for processing raw materials, such as wood, into finished products like paper. This involves industrial activities that convert natural resources into manufactured goods through processes like refining, crafting, or assembling. By adding value to raw materials, thRead more
The secondary sector is responsible for processing raw materials, such as wood, into finished products like paper. This involves industrial activities that convert natural resources into manufactured goods through processes like refining, crafting, or assembling. By adding value to raw materials, the secondary sector supports industries like construction, manufacturing, and consumer goods, contributing to economic development. For example, wood harvested from the primary sector is processed in factories to produce paper, which is then used in various sectors, from publishing to packaging. Therefore option 2 is correct.
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Give an example of value addition given in the chapter 13 Class 6 Social Science?
Transforming raw wood into furniture is a clear example of value addition, where the basic raw material is enhanced to create a more valuable product. In this process, the wood undergoes several stages, including cutting, shaping, finishing, and assembling, which collectively elevate its utility andRead more
Transforming raw wood into furniture is a clear example of value addition, where the basic raw material is enhanced to create a more valuable product. In this process, the wood undergoes several stages, including cutting, shaping, finishing, and assembling, which collectively elevate its utility and aesthetic appeal. This not only increases the monetary worth of the wood but also provides consumers with functional and attractive items for their homes or offices. Value addition is crucial in economic activities as it boosts profitability for manufacturers, creates jobs, and contributes to overall economic growth by increasing the variety and quality of products available in the market. Therefore option 2 is correct.
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Which of these is NOT a part of economic activities?
Volunteering is considered a non-economic activity because it involves giving time and effort without expecting any monetary compensation in return. Individuals engage in volunteering to support various causes, help their communities, or assist organizations, driven by goodwill, personal values, orRead more
Volunteering is considered a non-economic activity because it involves giving time and effort without expecting any monetary compensation in return. Individuals engage in volunteering to support various causes, help their communities, or assist organizations, driven by goodwill, personal values, or a desire to make a difference. Unlike economic activities that focus on generating income or profit, volunteering enhances social welfare and fosters a sense of community by addressing needs and providing support to those less fortunate. This altruistic approach not only enriches the lives of volunteers but also contributes significantly to societal well-being and cohesion. Therefore option 2 is correct.
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What does the term monetary value refer to?
Monetary value refers to the worth of an item, service, or asset that can be expressed and quantified in financial terms, typically as a specific amount of money. It allows for easy comparison, trade, and exchange in economic activities, as it provides a standard measure for determining how much somRead more
Monetary value refers to the worth of an item, service, or asset that can be expressed and quantified in financial terms, typically as a specific amount of money. It allows for easy comparison, trade, and exchange in economic activities, as it provides a standard measure for determining how much something is worth in the market. This value plays a key role in transactions, investments, and financial decision-making, influencing how goods and services are bought, sold, and evaluated in economic systems. Therefore option 2 is correct answer.
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Which of the following is NOT a secondary sector activity?
Mining coal is a primary sector activity because it involves the extraction of a natural resource directly from the earth. This sector focuses on activities like mining, agriculture, and fishing, which provide raw materials essential for other sectors. In the case of coal mining, the coal is extractRead more
Mining coal is a primary sector activity because it involves the extraction of a natural resource directly from the earth. This sector focuses on activities like mining, agriculture, and fishing, which provide raw materials essential for other sectors. In the case of coal mining, the coal is extracted and then used as an energy source or raw material for industries in the secondary sector. Primary sector activities form the base of the economic production chain, supplying the foundational resources for manufacturing and energy production. Therefore option 2 is correct answer.
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What was the major change that the AMUL cooperative brought to farmers?
The AMUL cooperative empowered farmers by allowing them to take control of the entire milk production and sales process, significantly reducing their reliance on middlemen. By pooling resources and collaborating, farmers can process, market, and sell their milk products directly, which enhances theiRead more
The AMUL cooperative empowered farmers by allowing them to take control of the entire milk production and sales process, significantly reducing their reliance on middlemen. By pooling resources and collaborating, farmers can process, market, and sell their milk products directly, which enhances their income and ensures fair prices. This cooperative model not only boosts individual farmer livelihoods but also fosters community strength and collective decision-making. Ultimately, AMUL illustrates how cooperative structures can enhance economic independence and sustainability for agricultural producers. Therefore option 2 is correct answer.
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How are the primary, secondary, and tertiary sectors interconnected?
The three sectors of the economy—primary, secondary, and tertiary—are intricately interconnected and work together to drive economic activity. The primary sector extracts raw materials, such as minerals, crops, and timber, which serve as the foundation for production. The secondary sector processesRead more
The three sectors of the economy—primary, secondary, and tertiary—are intricately interconnected and work together to drive economic activity. The primary sector extracts raw materials, such as minerals, crops, and timber, which serve as the foundation for production. The secondary sector processes these raw materials into finished goods, like furniture or textiles. Finally, the tertiary sector provides essential support services, including transportation, marketing, and retail, facilitating the distribution and sale of these products to consumers. This interdependence ensures a smooth flow of resources, production, and services, creating a cohesive economic ecosystem. Therefore option 2 is correct answer.
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Which of the following is an example of a primary sector activity?
Fishing is classified as a primary sector activity because it entails the direct extraction of natural resources from the environment, specifically aquatic life. This sector focuses on activities that utilize raw materials obtained from nature, such as fishing, agriculture, and forestry. By catchingRead more
Fishing is classified as a primary sector activity because it entails the direct extraction of natural resources from the environment, specifically aquatic life. This sector focuses on activities that utilize raw materials obtained from nature, such as fishing, agriculture, and forestry. By catching fish and other seafood, this activity provides essential food sources and raw materials for various industries. The primary sector’s role in fishing underscores its significance in sustaining livelihoods, contributing to food security, and supporting economic activities related to food processing and distribution. Therefore option 3 is correct.
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What role does the tertiary sector play in the economy?
The tertiary sector plays a crucial role by providing services that support the activities of both the primary and secondary sectors, encompassing areas like transportation, communication, and retail. This sector focuses on facilitating the movement of goods, information, and people, ensuring smoothRead more
The tertiary sector plays a crucial role by providing services that support the activities of both the primary and secondary sectors, encompassing areas like transportation, communication, and retail. This sector focuses on facilitating the movement of goods, information, and people, ensuring smooth operations across the economy. For example, transportation services are essential for delivering raw materials from the primary sector to manufacturers in the secondary sector, while retail services help bring finished products to consumers. By enabling efficient interaction between various economic activities, the tertiary sector is vital for overall economic growth and development. Therefore option 3 is correct answer.
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