Explain any three
In an economy, there are mainly three sectors, primary, secondary and tertiary. The tertiary sector is further categorized into quaternary and quinary activities. Quaternary activities are defined to be those activities which include the collection, production and circulation of information. Its features are listed below:
• Quaternary activitiescentre mainly focus on research and development
• They can be considered as an advanced form of services which involve specialized knowledge and technical skills.
• Quaternary activities generally constitute a small part of the economy, but nowadays this sector is growing by leaps and bounds.
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