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Which of the following sector’s activities do NOT produce any goods?1. Secondary sector2. Primary sector3. Both secondary and tertiary sectors4. Tertiary sector

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.

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  • 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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