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Activities like trade, transport, health, banking, insurance etc. are included in the sector.
[2010 (T-1)]
- a)Secondary
- b)Primary
- c)Manufacturing
- d)Tertiary
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Activities like trade, transport, health, banking, insurance etc. are ...
Explanation:
The given activities such as trade, transport, health, banking, insurance, etc. are included in the tertiary sector. Here's a detailed explanation:
1. Primary sector: This sector involves activities related to the extraction and production of natural resources. It includes agriculture, mining, fishing, forestry, etc. Since the given activities do not involve the primary production of goods, it can be ruled out as the answer.
2. Secondary sector: This sector involves activities related to manufacturing and construction. It includes industries that transform raw materials into finished products. Since the given activities do not directly involve manufacturing or construction, this sector can also be ruled out as the answer.
3. Manufacturing: Manufacturing refers to the process of transforming raw materials into finished products. While some of the given activities may involve manufacturing to some extent (e.g., production of medical equipment in the healthcare sector), the majority of the activities mentioned do not fall under the manufacturing sector.
4. Tertiary sector: The tertiary sector, also known as the service sector, includes activities that provide services to individuals and businesses. It involves trade, transport, health, banking, insurance, tourism, education, etc. Since the given activities fall under the service sector, the correct answer is option D: Tertiary.
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The given activities such as trade, transport, health, banking, insurance, etc. are included in the tertiary sector. Here's a detailed explanation:
1. Primary sector: This sector involves activities related to the extraction and production of natural resources. It includes agriculture, mining, fishing, forestry, etc. Since the given activities do not involve the primary production of goods, it can be ruled out as the answer.
2. Secondary sector: This sector involves activities related to manufacturing and construction. It includes industries that transform raw materials into finished products. Since the given activities do not directly involve manufacturing or construction, this sector can also be ruled out as the answer.
3. Manufacturing: Manufacturing refers to the process of transforming raw materials into finished products. While some of the given activities may involve manufacturing to some extent (e.g., production of medical equipment in the healthcare sector), the majority of the activities mentioned do not fall under the manufacturing sector.
4. Tertiary sector: The tertiary sector, also known as the service sector, includes activities that provide services to individuals and businesses. It involves trade, transport, health, banking, insurance, tourism, education, etc. Since the given activities fall under the service sector, the correct answer is option D: Tertiary.
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Activities like trade, transport, health, banking, insurance etc. are included in the sector. [2010 (T-1)]a)Secondaryb)Primaryc)Manufacturingd)TertiaryCorrect answer is option 'D'. Can you explain this answer?
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