Briefly Discuss the Differences Between Primary,secondary,tertiary,and Quaternary Economic Activities by Using

question 24

Essay

Briefly discuss the differences between primary,secondary,tertiary,and quaternary economic activities by using examples to illustrate each type of activity.

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Definitions:

Security Needs

Basic human requirements for safety and security, including physical safety, job security, and health.

Abraham Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, from most pressing at the bottom to the need for self-actualization at the top.

Equity Theory

Is concerned with a person’s perceived inputs to a (work) setting and the outcomes received from that setting. The theory suggests that everyone calculates the ratio of inputs to outcomes, similar to considering a return on any investment.

Human Resource Managers

Professionals responsible for overseeing an organization's personnel management, including recruitment, training, benefits, and compliance with labor laws.