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______ is a term that describes the changing balance of output, trade, incomes, and employment drawn from different economic sectors. -

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Question

______  is a term that describes the changing balance of output, trade, incomes, and employment drawn from different economic sectors.

Options

  • Economic structure

  • Economic sectors

  • quaternary sectors

  • None of the above

MCQ
Fill in the Blanks

Solution

The economic structure is a term that describes the changing balance of output, trade, incomes, and employment drawn from different economic sectors.

Explanation:

Economic structure refers to the shifting balance of output, trade, earnings, and employment across several economic sectors, ranging from primary (farming, fishing, mining, etc.) through secondary (manufacturing and construction industries) to tertiary and quaternary.

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