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Question

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


A
economic structure
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B
system of production
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C
dynamic economy
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D
infrastructure
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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). 


Economics

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