ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Some examples of quaternary services or products are-autonomous vehicles, artificial intelligence, 3D printing, big data, the internet of things, quantum computing, robotics, and nanotechnology.

Detailed explanation-2: -The quaternary sector includes companies engaged in intellectual activities and pursuits. The quaternary sector typically includes intellectual services such as technological advancement and innovation.

Detailed explanation-3: -Solution. The quaternary sector of the economy is a way to describe a knowledge-based part of the economy. It typically includes knowledge-oriented economic sectors such as information technology, media, research, and development.

Detailed explanation-4: -There are certain types of work that require exceptional skills and knowledge. Hence, these occupations based upon knowledge and skills are called Quaternary Occupations or Skill Based Service Occupations. People working in Information Technology, Media, Science, Research and Development are in quaternary sector jobs.

Detailed explanation-5: -Examples of quaternary industry or sector Some industries in the quaternary sector are consultancy, financial planning, designing, information technologies, research and development (R&D), and generation of information.