ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Farming
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Mining
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Teaching
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Manufacturing
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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: -Higher Education. The tertiary sector encompasses higher education institutions which include universities and equivalent institutions, for example, for teacher training (Pädagogische Hochschulen), theology, art, music, sport, and universities of applied sciences (Fachhochschulen) (cf. Table 3).
Detailed explanation-3: -Tertiary activity by itself does not produce goods, but supports the production process. For example: Transport, communication, banking, storage and trade. Agriculture is a primary activity and manufacturing is a secondary activity.
Detailed explanation-4: -Complete answer: Trade is an example of tertiary activity. Tertiary activity consists of all occupations of service. Significant examples of tertiary activities include transport, networking, commerce, health, education and administration.