ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In a MDC like Australia, the largest percentage of jobs are in this economic sector?
A
Quinary
B
Primary
C
Secondary
D
Tertiary
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is Tertiary.

Detailed explanation-2: -Tertiary education in Australia is formal education beyond high school, consisting of both government and private institutions and divided into two sectors; vocational education and training (which includes TAFEs) and higher education (which includes universities).

Detailed explanation-3: -Australia’s Market Sectors Split from tertiary, we now have quaternary and quinary industries.

Detailed explanation-4: -In the past 100 years, there has been a further shift from secondary to tertiary sector in developed countries. The service sector has become the most important in terms of total production.

Detailed explanation-5: -The traditional society. The preconditions for takeoff. The takeoff. The drive to maturity. The age of mass consumption.

There is 1 question to complete.