In ______countries the people are involved in tertiary, quaternary and quinary activities.
A
Developed
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B
Developing
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C
Undeveloped
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D
Poor
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Solution
The correct option is B Developed Services
are provided in all societies. But in more
developed countries a higher percentage of
workers are employed in providing services as
compared to less developed countries.
TERTIARY ACTIVITIES -The trend in employment in this sector has been increasing while it has remained unchanged or
decreasing in primary and secondary
activities. Tertiary activities include both production
and exchange. Tertiary activities involve the commercial output of
services rather than the production of tangible
goods. They are not directly involved in the
processing of physical raw materials. Common
examples are the work of a plumber, electrician,
technician, launderer, barber, shopkeeper,
driver, cashier, teacher, doctor, lawyer, and
publisher, etc.
QUATERNARY ACTIVITIES- Over half of all workers in developed economies are in the knowledge sector.
The sector is led by big companies
Research and capital intensive
Works with other sectors of the economy
QUINARY ACTIVITIES- These 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. They represent another
subdivision of the tertiary sector representing
special and highly paid skills of senior
business executives, government officials,
research scientists, financial and legal
consultants, etc. Their importance in the
structure of advanced economies far
outweighs their numbers.