The three major economic activities are production, distribution, and consumption. Production creates goods or services, distribution ensures they reach consumers, and consumption involves using these products to fulfill individual or societal needs.
Class 6 Social Science Chapter 14 Economic Activities Around Us question answer
Class 6 NCERT Social Science Governance and Democracy Chapter 14 Economic Activities Around Us
Economic activities revolve around three key aspects: production, distribution, and consumption. Production involves creating goods or services, such as farming or manufacturing. Distribution ensures these goods reach consumers through transport and retail. Finally, consumption occurs when individuals or businesses use these goods, driving demand. These activities form an interconnected cycle, sustaining economic growth, creating jobs, and addressing the needs of society effectively.
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