wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The nature of production, income, and employment in the agriculture, industry and services sectors is known as __________.

A
economic structure
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
system of production
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
dynamic economy
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
infrastructure
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A economic structure

Economic structure is a term that describes the changing balance of output, trade, incomes and employment drawn from different economic sectors – ranging from primary (farming, fishing, mining etc) to secondary (manufacturing and construction industries) to tertiary and quaternary sectors (tourism, banking, software industries).


flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Circular Flow Diagram
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon