The three broad categories of productions are

Assessment: WAEC SSCE - Economics - 2004 (Objective) Subject: Economics

Question 1 Report

The three broad categories of productions are
Answer Details
The three broad categories of production are primary, secondary, and tertiary. 1. Primary production involves extracting raw materials from the natural environment, such as farming, fishing, and mining. 2. Secondary production involves transforming raw materials into finished goods through manufacturing and construction. 3. Tertiary production involves providing services to consumers and businesses, such as retail, transportation, and healthcare. These categories are used to classify economic activities and understand the different stages of production involved in creating goods and services.

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