Quick Answer: What Is The Other Name Of Tertiary Sector?

What is tertiary sector example?

Transport, communication, trade, health, education and administration are important examples of tertiary activities.

These tertiary activities help in the development of the primary and secondary sectors..

What is difference between primary and secondary sector?

Primary: involves the retrieval and production of raw materials, such as corn, coal, wood and iron. … Secondary: involves the transformation of raw or intermediate materials into goods e.g. manufacturing steel into cars, or textiles into clothing. (A builder and a dressmaker would be workers in the secondary sector.)

What does tertiary sector mean?

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. the non-market sector (public administration, education, human health, social work activities). …

What is the other name of primary secondary and tertiary sector?

The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and services (tertiary).

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.

What are the 5 sectors?

What Are Primary, Secondary, Tertiary, Quaternary, And Quinary Industries?Quinary Sector.Quaternary Economy. … Tertiary Activities. … Secondary Industries. … Primary Sector. This sector is related to the production and retrieval of raw materials such as coal, iron, and wood. …

What is primary secondary and tertiary sector with example?

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 is the another name of tertiary sector?

The tertiary industry sector makes up the vast majority of employment opportunities and is solely focused on providing services, not goods, to consumers and other organizations. For this reason, it is also known as the service sector.

What is the other name of tertiary?

The other name of tertiary sector is Service sector. … It includes activities such as education, recreation, media and communication, health.,etc., unlike the ones included in the primary and secondary sectors.