ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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False
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True
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Either A or B
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None of the above
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Detailed explanation-1: -Quaternary sector: Involves knowledge-based activities such as information technology, research, and development, as well as consulting services and education.
Detailed explanation-2: -Financial planning, information generation, consultancy, information technologies, designing, and research and development are some industries in the quaternary sector. Other activities that belong to this sector, according to some interpretations, are-government, culture, media, and entertainment industry.
Detailed explanation-3: -The information sector is part of the service-providing industries supersector group.
Detailed explanation-4: -A quaternary industry is a high-tech company with a strong reliance on research and development. Today the quaternary industry is located predominantly in HICs.