ECONOMICS
ECONOMIC DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Secondary
|
|
|
Tertiary
|
|
|
Quaternary
|
|
|
Quinary
|
Detailed explanation-1: -It consists of intellectual activities. Examples of the Quaternary sector include research and development, consultancy, financial planning, etc.
Detailed explanation-2: -Consultancy, financial planning, designing, information technology, research and development (R&D), and information generating are some of the quaternary sectors. The entertainment business, media, culture, and government are included in specific interpretations of this term.
Detailed explanation-3: -Examples of quaternary industry or sector: Financial planning, information generation, consultancy, information technologies, designing, and research and development are some industries in the quaternary sector.
Detailed explanation-4: -Research & Development is a priority focus area in the power sector.
Detailed explanation-5: -The quaternary sector includes intellectual services like innovation and technological advancements. Quaternary sector comprises all research and development activities that result in process improvements, such as in manufacturing. This sector emerged a few years ago as an additional tertiary sector distinction.