What does tertiary sector of the economy mean?
Definitions for tertiary sector of the economy
ter·tia·ry sec·tor of the econ·o·my
This dictionary definitions page includes all the possible meanings, example usage and translations of the word tertiary sector of the economy.
Wikipedia
Tertiary sector of the economy
The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector (raw materials) and the secondary sector (manufacturing). The tertiary sector consists of the provision of services instead of end products. Services (also known as "intangible goods") include attention, advice, access, experience and affective labor. The production of information has been long regarded as a service, but some economists now attribute it to a fourth sector, called the quaternary sector. The tertiary sector involves the provision of services to other businesses as well as to final consumers. Services may involve the transport, distribution and sale of goods from a producer to a consumer, as may happen in wholesaling and retailing, pest control or entertainment. The goods may be transformed in the process of providing the service, as happens in the restaurant industry. However, the focus is on people by interacting with them and serving the customers rather than transforming the physical goods.
Numerology
Chaldean Numerology
The numerical value of tertiary sector of the economy in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of tertiary sector of the economy in Pythagorean Numerology is: 7
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"tertiary sector of the economy." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/tertiary+sector+of+the+economy>.
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