ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -This sector would include the top executives or officials in such fields as government, science, universities, nonprofit, healthcare, culture, and the media.

Detailed explanation-2: -quinary sector (plural quinary sectors) (economics) The branch of a country’s economy where high-level decisions are made by top-level executives in government, industry, education, etc.

Detailed explanation-3: -The quinary sector represents the highest level of decision-makers who establish policy guidelines in policymaking. In contrast, the quaternary sector is part of the tertiary sector of the economy, which is knowledge-based. The quinary sector does not allow for the entire outsourcing of services.

Detailed explanation-4: -Quinary industries include government organizations, public services, healthcare, and education. It also includes the government individuals who are responsible for the highest levels of decision-making in a society. Domestic-based services are also included in the quinary industry.

Detailed explanation-5: -Quinary Sector This sector includes top executives or officials in such fields as government, science, universities, nonprofits, health care, culture, and the media. It may also include police and fire departments, which are public services as opposed to for-profit enterprises.