Test: Tertiary And Quaternary Activities

Quinary activities are referred to as 'gold collar' profession.

C is the correct option.The quaternary sector is the label used to describe a knowledge-based part of the economy, which typically includes knowledge-oriented economic sectors such as information technology; media; research and development; information-based services and “university teaching” is a part of it.

Demand for transport is influenced by the size of population. The larger the population size, the greater is the demand for transport.

Tourism fosters the growth of infrastructure industries, retail trading, and craft industries (souvenirs).

The sector includes wide range of services, like services of a plumber to that of lawyer or a teacher etc.

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Service sector is the lifeline for the social-economic growth of a country. It is today the largest and fastest growing sector globally; contributing more to the global output and employing more people than any other sector. The real reason for the growth of the service sector is due to the increase in the urbanization, privatization and more demand for intermediate and final consumer services.

It is referred to as 'gold collar' profession.

It includes highly specific group of activities.
These include high level decision makers i.e. lawyers, managers, administrators.

Tertiary activities include both production and exchange. The production involves the ‘provision’ of services that are ‘consumed’.