decides a country’s production of various goods and their annual income.

Economic transaction

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Primary sector

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Secondary sector

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Quaternary sector

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Economic transaction
We pay for products or services with money. This is called an economic transaction. Economic transactions are essential for a country. These determine the annual income. They also decide the development status of the country.

Suggest Corrections

	Group-A		Group-B
(1)	Agriculture	(a)	Total many value of goods and services
(2)	Economic Development	(b)	Indicates economic welfare
(3)	Economic Growth	(c)	Primary sector
(4)	Industry	(d)	Secondary sector
(5)	National Income	(e)	Deliberate and planned
(6)	Per Capita Consumption	(f)	Natural growth