Question

What is another name for the Tertiary Sector of the economy ?

• A. Agricultural Sector
• B. Industrial Sector
• C. Service Sector
• D. Manufacturing Sector

Answer 1

Answer:

C. Service Sector

SECTORS OF THE ECONOMY 

Primary Sector – Sector involving activities making direct use of natural resources. As agriculture form a major part, it is also called agricultural sector.

Secondary Sector – Activities that manufacture goods making use of the products of primary sector as the raw materials. Also called industrial sector.

Tertiary Sector – Collects and distributes products of primary and secondary sectors. Also called service sector.

Economic growth takes place when primary, secondary and tertiary sectors function as a whole.

• Central Statistical Office (CSO) has classified the economic activities included in each of the sectors as follows: