Question Details

Which one of the following activities involve the collection, production and dissemination of information or even the production of information?

Options

A

Primary Activity

B

Tertiary Activity

C

Secondary Activity

D

Quaternary Activity

Show Answer

Correct Answer :

Option D

Quaternary Activity

Solution :

The correct option is Quaternary Activity.

Economic activities are generally classified into different sectors based on the nature of the work and the production involved:
1. Primary Activities: Involve the direct extraction and production of natural resources (e.g., agriculture, mining, fishing).
2. Secondary Activities: Involve the processing of raw materials into finished goods through manufacturing and construction (e.g., industry, factories).
3. Tertiary Activities: Involve providing services to consumers and businesses (e.g., transport, trade, education, health).
4. Quaternary Activities: A specialized subset of the tertiary sector that is knowledge-based. It specifically focuses on the collection, production, dissemination, and processing of information, as well as research and development (e.g., IT services, financial planning, research, information sharing).

Therefore, activities that involve the collection, production, and dissemination of information are classified under Quaternary Activity.

Unlock Our Free Library

Access expert-curated educational resources and study materials—completely free.

Discover more resources

You may also like

Ask AI Tutor
5 left
Q1 View Question & Options
AI Tutor is solving this question...
Reading question context & options...