Sustainability is important in economic activities because it ensures that resources are used in a way that meets present needs without compromising the ability of future generations to meet their own needs. In the context of the economy, sustainable practices ...

In the context of AMUL, the term “export” refers to the process of sending its dairy products to other countries for sale. AMUL, through its cooperative structure, produces a variety of dairy products like milk, butter, and cheese, which are ...

Communication is essential for supporting economic activities as it enables the exchange of information between individuals, businesses, and organizations. It helps in coordinating activities such as planning, marketing, and decision-making across different sectors. For instance, farmers (primary sector) use communication ...

Logistics is a critical part of the tertiary sector as it involves managing the transportation, storage, and delivery of goods and services. It ensures that raw materials from the primary sector reach factories in the secondary sector and that finished ...

The three sectors of the economy—primary, secondary, and tertiary—are closely interdependent. For example, in agriculture (primary sector), farmers grow wheat, which is sent to flour mills (secondary sector) to be processed into flour. This flour is then distributed and sold ...