70. Match the following pairs of economic activity with their corresponding sectors.
A. Tertiary sector: 1. Intellectual activities associated with technological innovation.
B. Quaternary activities 2. Re-arrangement and interpretation of new and existing ideas
C. Quinary activities 3. Provisioning of services that are consumed.
Correct answer code is:
70. Match the following pairs of economic activity with their corresponding sectors.
A. Tertiary sector: 1. Intellectual activities associated with technological innovation.
B. Quaternary activities 2. Re-arrangement and interpretation of new and existing ideas
C. Quinary activities 3. Provisioning of services that are consumed.
Correct answer code is:
The correct option is B A-3, B-1, C-2
Tertiary activities include both production and exchange. The production involves the provisioning of services that are consumed. Exchange, involves trade, transport and communication facilities that are used to overcome distance.
The quaternary sector of the economy consists of intellectual activities often associated with technological innovation. It is sometimes called the knowledge economy.
Quinary activities are services that focus on the creation, re-arrangement and interpretation of new and existing ideas; data interpretation and the use and evaluation of new technologies. It is often referred as ‘gold collar’ professions.
Tertiary activities include both production and exchange. The production involves the provisioning of services that are consumed. Exchange, involves trade, transport and communication facilities that are used to overcome distance.
The quaternary sector of the economy consists of intellectual activities often associated with technological innovation. It is sometimes called the knowledge economy.
Quinary activities are services that focus on the creation, re-arrangement and interpretation of new and existing ideas; data interpretation and the use and evaluation of new technologies. It is often referred as ‘gold collar’ professions.
