ECONOMICS
ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Provides a service for people
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Manufactures products
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Collects or produces natural resources
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Research and technology
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Detailed explanation-1: -The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work.
Detailed explanation-2: -Tertiary sector is termed as service sector because tertiary sector provides support service to primary and secondary sector.
Detailed explanation-3: -Tertiary sector: this is also called service sector. Activities associated with this sector include retail and wholesale sales, transportation and distribution, entertainment movies, television, radio, music, theater, restaurants, clerical services, media, tourism, insurance, banking, healthcare, and law.
Detailed explanation-4: -Tertiary activity consists of all service occupations. Transport, communication, trade, health, education and administration are important examples of tertiary activities. These tertiary activities help in the development of the primary and secondary sectors.
Detailed explanation-5: -Communications relate to tertiary sector as service activities are included in tertiary sector.