Answer» Correct Answer - Option 4 : Tertiary sector
The correct answer is the Tertiary sector. - The tertiary sector doesn't produce any goods.
- Tertiary sector:
- The tertiary sector is known as the service sector.
- It provides useful services for the primary and secondary sectors.
- It is a well-organized sector and uses modern-day logistics techniques to perform its functions.
- Banking, insurance trade, and communications, etc comes under this sector.
- Primary sector:
- It is known as the agricultural and allied sectors.
- This sector supplies raw materials for goods and services.
- It is an unorganized sector and uses traditional techniques.
- This sector uses natural resources like forestry and fishing, mining, and oil and gas.
- Secondary sector:
- It is known as the manufacturing sector.
- This sector converts one good into another by creating more utility from it.
- It is an organized sector and uses better methods of production.
- It includes large firms, multinational corporations, manufacturing units, and small-scale units.
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