11/14/2023 0 Comments Quaternary economic activity![]() ![]() Mass media – An array of media technologies that reach a large audience via mass communication.These services include banking, insurance, accounting, and investment management. Financial services – Economic services provided by the finance industry.Examples of the practice of law include all services provided by lawyers, notaries, and solicitors. The practice of law – This involves giving legal advice to clients, drafting legal documents, and representing clients in a court of law.Research can be scientific, economic, social, business, technological, etc. Research – All creative and systematic work undertaken to increase the stock of knowledge.Non-profit organizations, as the name suggests, do not aim at generating profits for their owners. Non-profit organizations (NPOs) – A legal entity organized and operated for a collective, public, or social benefit. ![]() Charities differ from other organizations in that they do not use their funds to profit individual persons or entities. Charitable organizations – All organizations whose primary objectives are philanthropy and socioeconomic well-being.It is typically done in a home without a profit. Childcare – Also known as daycare, this includes the care and supervision of a child or children.Example activities associated with housekeeping include cleaning, cooking, maintenance, shopping, and bill payment. ![]() Housekeeping – The management and the routine activities of running a house, ship, hospital, factory, and so on.Consulting – Services that provide professional advice to the public or to those practicing the profession on how to modify or proceed in a given process within that field.Public health – the science of preventing disease and harm through the organized efforts and informed choices of society.Healthcare – A category of government-provided services that includes medicine, optometry, dentistry, pharmacy, nursing, psychology, athletic training, and many more.Non-governmental organizations (NGOs) – Independent and non-profit organizations that are created through civil and popular initiatives, and are linked to social, cultural, or development projects aimed at structural change.Examples include schools, colleges, and universities. Public education – Free services provided by the government that are directed at transmitting knowledge or fostering skills and character traits.It is often thought of as the sector responsible for services provided by the highest levels of organization in society, including services such as government, military, education, and healthcare. The quinary sector is an extension of the tertiary sector with varying definitions.Examples include research, media, consultation, education, blogging, etc. The quaternary sector is an extension of the tertiary sector and includes information or knowledge-based services.Examples include accounting, retail, baking, babysitting, and so on. The tertiary sector involves the supplying of services to consumers and businesses.Examples include the production of clothing with textiles, bottles with glass, cars with steel, and so on. The secondary sector involves the transformation of raw or intermediate materials into goods.Examples include farming, mining, fishing, logging, and so on. ![]()
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