Classifying economic activities helps understand their functions and interconnections. It provides clarity on how diverse occupations, such as manufacturing, banking, or transportation, contribute to economic systems and livelihoods.
NCERT Book Exploring Society India and Beyond Class 6
NCERT Social Science Chapter 14 Economic Activities Aroud Us Class 6
What is the purpose of classifying economic activities?
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The purpose of classifying economic activities is to understand their functions and interconnections. It highlights how various occupations, like manufacturing, banking, and transportation, contribute to economic systems and livelihoods, offering clarity on the roles and relationships within the economy.
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