ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A Doctor or Lawyer would be in which economic sector?
A
Primary
B
Secondary
C
Tertiary
D
Qinary
Explanation: 

Detailed explanation-1: -Tertiary sector : All production units producing services which help in the development of primary and secondary sectors come under the category of tertiary sector. This is also known as the service sector. For example, services given by doctors, teachers, lawyers, etc.

Detailed explanation-2: -Gardeners belong to Primary sector whereas Lawyer, doctor and priest belong to service sector i.e. tertiary sector.

Detailed explanation-3: -The tertiary industry is the services sector of an economy, encompassing medical providers, educators, financial services, haircuts, and personal trainers, among many others.

Detailed explanation-4: -Healthcare has become one of India’s largest sectors, both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment.

Detailed explanation-5: -Answers. The answer is tertiary sector because this sector is also known as Service sector. As you know doctors, teachers, nurses provide services to the society they come under Tertiary sector.

There is 1 question to complete.