Question

Three categories of economic activities included in the business services sector of the economy include

Answer 1

Answering the question, the three categories of economic activities included in the business services sector of the economy include finance, insurance, and real estate.

The business sector refers to a microeconomic sector that involves the private and profit-seeking companies in the economy. These companies combine unlimited resources to produce goods and services that meet the needs of the household sector.

Further Explanation

Production of goods and services is the basic role of the business sector and it is made up of three types of business organizations which include proprietorship, partnership, and corporation.

However, there are three main sectors of the economy and these include:

1. The primary sector
2. The secondary sector
3. Service / tertiary sector

The primary sector includes the extractions of unfinished goods, mining, agriculture, forestry, and fishing

The secondary sector has to with the sector that produces finished goods such as cars, foods, clothes. Etc. This sector makes use of raw materials and converts them to finished goods.

Service/ tertiary sector includes business that provides intangible goods and services to their customers. Such businesses include Retail, banking, entertainment, IT services, etc.

There are also some minor sectors of the economy and these include

• Public/private sector
• Quinary sector

Therefore, the three categories of economic activities included in the business services sector of the economy include finance, insurance, and real estate.

LEARN MORE:

• Three categories of economic activities included in the business service sector of the economy include  brainly.com/question/6690691
• Three categories of economic activities included in the business services sector of the economy include  brainly.com/question/6473216

KEYWORDS:

• business services sector
• primary sector
• retail
• real estate
• insurance

Answer 2

information, research, and management This an approach to portray a learning based part of the economy, which normally incorporates administrations, for example, data innovation, data age and - sharing, media, and innovative work, and also information based administrations like discussion, training, money related arranging, blogging, and planning. The quaternary segment depends on learning and ability. It comprises of scholarly ventures giving data administrations, for example, figuring and ICT , consultancy and R&D . As per a few definitions, the quaternary area incorporates other unadulterated administrations, for example, media outlets, and the term has been used to depict media, culture, and government.