ECONOMICS
ECONOMIC SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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truck driver, doctor, store clerk, restaurant
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manufacturing and construction
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mining, agriculture, fishing
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research and data processing
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Detailed explanation-1: -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-2: -Quaternary sector: Involves knowledge-based activities such as information technology, research, and development, as well as consulting services and education.
Detailed explanation-3: -Answer: Some examples of services from quaternary sector involves: mutual fund managers, tax consultants, software developers, teachers, hospital and doctor offices, accountants, etc.
Detailed explanation-4: -The correct answer is University Teaching. University teaching is a specialized activity and forms part of the knowledge sector of the economy i.e. the quaternary sector.