What are some examples of tertiary economic activity?
Some Tertiary economic activities Are transportation, insurance, advertising, storage, sales, among others. Activities related to the production of information are also often included in this sector; However, some economists have developed a new theory.
What are the benefits of tertiary economic activities?
These tertiary activities assist in the development of the primary and secondary sectors. These activities by themselves do not produce goods but they are an aid or support for the production process. So these are also known as support services.
What is the difference between the tertiary and quaternary sector?
The production and exchange of information are considered as part of the tertiary sector of the economy, although for some economists this economic sector constitutes a new sector, the quaternary sector. The quaternary sector can be considered a further delineation of the tertiary sector focused on knowledge-based activities.
What is the definition of the tertiary sector?
The tertiary sector consists of the provision of services instead of end products. Services (also known as "intangible goods") include attention, advice, access, experience and affective labor. The production of information has been long regarded as a service, but some economists now attribute it to a fourth sector, called the quaternary sector .
Energy consumption of the tertiary sector (trade commerce and