Quick Answer: What Are Tertiary Activities Explain With Examples?

What are examples of tertiary activities?

The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work..

What does tertiary activity mean?

Tertiary activities are service based and give non-tangible value to customers. Examples of companies that work in this sector include banks, consulting and public transportation. Most companies that are involved in tertiary activities do not have operations involving primary or secondary activities.

What are tertiary activities Class 9?

Tertiary sector comprises activities that provide support to the primary and secondary sectors through various services. Trade, transport, communication, banking, education, health, tourism, insurance, etc., are examples of tertiary activities.

What do you mean by tertiary?

(Entry 1 of 2) 1a : of third rank, importance, or value. b chiefly British : of, relating to, or being higher education.

What is an example of tertiary industry?

Sales, repair services, banking, and insurance are all part of the tertiary industry. People who work in the tertiary sector include workers in the tourism and hospitality industry, doctors, couriers, and business consultants.

Is construction a tertiary activity?

Secondary / manufacturing sector – concerned with producing finished goods, e.g. Construction sector, manufacturing and utilities, e.g. electricity. Service / ‘tertiary’ sector – concerned with offering intangible goods and services to consumers. This includes retail, tourism, banking, entertainment and I.T. services.

Which of the following is a tertiary economic activity?

The tertiary sector of the economy is also known as the service industry. … Activities associated with this sector include retail and wholesale sales, transportation and distribution, restaurants, clerical services, media, tourism, insurance, banking, health care, and law.

What are primary secondary and tertiary activities give examples?

1 Answer. Primary Sector :- All those economic activities that are undertaken by directly using natural resources are included in primary sector. For example, mining, forestry, fishing, poultry etc. … Tertiary Sector :- These are the activities that help in the development of the primary and secondary sectors.

What are the main components of tertiary sector?

What are the main components of tertiary sectorGovernment service.Education service.Health service. Entertainment service.Hotels and Restaurants.Retail. This conversation is already closed by Expert.

Is Apple a tertiary sector?

Apple is a secondary, tertiary and quaternary industry. Apple manufacture their own stock, they produce their goods and services at factories where they are made (secondary). … The goods that make are useful transportation, most of their goods come with a GPS and internet(tertiary) .

Why is the tertiary sector the most important?

Tertiary sector has become important in India because : (ii) Demand for services such as transport, trade, storage will increase with the development of primary and secondary sectors. (iii) Demand for tourism, shopping, private schools, private hospitals, etc. increases with the increase in the level of income.

What is primary activity and tertiary activity?

Primary activities are those activities that which involve exploitation of natural resources. It is the base for production of other goods that is it provides raw materials. Example: Agriculture, mining, animal husbandry. Tertiary activities are those activities that provide services to the people.