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Which one of the following statements is correct with reference to tertiary sector?
[2010 (T-1)]
- a)In these activities goods are either grown on the earth or dug out from the earth
- b)These activities transform primary goods into some commodities with the help of manual labour or machines
- c)These activities generate services rather than goods
- d)This sector is primarily known as service sector
Correct answer is option 'D'. Can you explain this answer?
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Most Upvoted Answer
Which one of the following statements is correct with reference to ter...
The correct statement with reference to the tertiary sector is:
D: This sector is primarily known as the service sector.
Explanation:
The tertiary sector, also known as the service sector, is the sector of the economy that is involved in the provision of services rather than goods. This sector includes a wide range of activities that focus on providing services to individuals and businesses. Some examples of activities in the tertiary sector include healthcare, education, transportation, banking, hospitality, tourism, and entertainment.
Other options are incorrect because:
A: In these activities goods are either grown on the earth or dug out from the earth
- This statement describes the primary sector, which is involved in the extraction of natural resources and the production of raw materials.
B: These activities transform primary goods into some commodities with the help of manual labor or machines
- This statement describes the secondary sector, which is involved in manufacturing and processing raw materials into finished products.
C: These activities generate services rather than goods
- This statement is similar to the correct statement, but it is not as specific and does not mention the term "tertiary sector."
Therefore, the correct statement is option D, which states that the tertiary sector is primarily known as the service sector.
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Which one of the following statements is correct with reference to ter...
The correct statement with reference to the tertiary sector is option 'D'. This sector is primarily known as the service sector. Let's understand why this statement is correct by exploring the characteristics and activities of the tertiary sector.
1. Definition of Tertiary Sector:
The tertiary sector is one of the three sectors in an economy, along with the primary sector (which includes activities related to agriculture, mining, etc.) and the secondary sector (which includes manufacturing and construction). The tertiary sector is also known as the service sector as it primarily deals with providing services rather than producing physical goods.
2. Focus on Services:
The main characteristic of the tertiary sector is its emphasis on providing services to consumers, businesses, and other sectors of the economy. These services can include a wide range of activities such as healthcare, education, transportation, tourism, banking, entertainment, communication, and more. The sector plays a crucial role in supporting and facilitating economic transactions and activities.
3. Importance in Modern Economies:
In many developed economies, the tertiary sector has become the largest and most significant sector. This is because as societies become more advanced and industrialized, the demand for services tends to increase. The tertiary sector contributes significantly to the GDP (Gross Domestic Product) and employment in such economies.
4. Characteristics of Tertiary Sector Activities:
The activities in the tertiary sector can be distinguished by the following characteristics:
- Intangible: Services are intangible in nature, meaning they cannot be touched or felt. For example, you cannot physically possess education or healthcare services.
- Perishable: Services are often perishable and cannot be stored or saved for future use. They need to be consumed at the time they are provided.
- Customized: Many services are customized to suit the specific needs and preferences of individual consumers or businesses.
- Inseparable: Services are often produced and consumed simultaneously. For example, a haircut is provided and consumed in the same time and place.
In conclusion, the correct statement is option 'D' because the tertiary sector is primarily known as the service sector. It focuses on providing services rather than producing goods, plays a vital role in modern economies, and is characterized by intangible, perishable, customized, and inseparable activities.
1. Definition of Tertiary Sector:
The tertiary sector is one of the three sectors in an economy, along with the primary sector (which includes activities related to agriculture, mining, etc.) and the secondary sector (which includes manufacturing and construction). The tertiary sector is also known as the service sector as it primarily deals with providing services rather than producing physical goods.
2. Focus on Services:
The main characteristic of the tertiary sector is its emphasis on providing services to consumers, businesses, and other sectors of the economy. These services can include a wide range of activities such as healthcare, education, transportation, tourism, banking, entertainment, communication, and more. The sector plays a crucial role in supporting and facilitating economic transactions and activities.
3. Importance in Modern Economies:
In many developed economies, the tertiary sector has become the largest and most significant sector. This is because as societies become more advanced and industrialized, the demand for services tends to increase. The tertiary sector contributes significantly to the GDP (Gross Domestic Product) and employment in such economies.
4. Characteristics of Tertiary Sector Activities:
The activities in the tertiary sector can be distinguished by the following characteristics:
- Intangible: Services are intangible in nature, meaning they cannot be touched or felt. For example, you cannot physically possess education or healthcare services.
- Perishable: Services are often perishable and cannot be stored or saved for future use. They need to be consumed at the time they are provided.
- Customized: Many services are customized to suit the specific needs and preferences of individual consumers or businesses.
- Inseparable: Services are often produced and consumed simultaneously. For example, a haircut is provided and consumed in the same time and place.
In conclusion, the correct statement is option 'D' because the tertiary sector is primarily known as the service sector. It focuses on providing services rather than producing goods, plays a vital role in modern economies, and is characterized by intangible, perishable, customized, and inseparable activities.
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Which one of the following statements is correct with reference to tertiary sector?[2010 (T-1)]a)In these activities goods are either grown on the earth or dug out from the earthb)These activities transform primary goods into some commodities with the help of manual labour or machinesc)These activities generate services rather than goodsd)This sector is primarily known as service sectorCorrect answer is option 'D'. Can you explain this answer?
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Which one of the following statements is correct with reference to tertiary sector?[2010 (T-1)]a)In these activities goods are either grown on the earth or dug out from the earthb)These activities transform primary goods into some commodities with the help of manual labour or machinesc)These activities generate services rather than goodsd)This sector is primarily known as service sectorCorrect answer is option 'D'. Can you explain this answer? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Which one of the following statements is correct with reference to tertiary sector?[2010 (T-1)]a)In these activities goods are either grown on the earth or dug out from the earthb)These activities transform primary goods into some commodities with the help of manual labour or machinesc)These activities generate services rather than goodsd)This sector is primarily known as service sectorCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following statements is correct with reference to tertiary sector?[2010 (T-1)]a)In these activities goods are either grown on the earth or dug out from the earthb)These activities transform primary goods into some commodities with the help of manual labour or machinesc)These activities generate services rather than goodsd)This sector is primarily known as service sectorCorrect answer is option 'D'. Can you explain this answer?.
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