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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 ...
Activities include, and are mainly composed of: scientific research, ICT/computing, education, consulting, information management and financial planning. Contrary to what might be inferred from the naming convention, the quaternary sector does not add value to the outputs of the tertiary sector, but provides services directly with limited ...
Tertiary: involves the supplying of services to consumers and businesses, such as babysitting, cinemas or banking. Shopkeepers and accountants work in the tertiary sector. In the 20th century, economists began to suggest that traditional tertiary services could be further distinguished from "quaternary" and quinary service sectors.
Economic activities can be classified in a variety of ways. At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time ...
The presence of a large non-profit sector is sometimes seen as an indicator of a healthy economy in local and national financial measurements. [11] With a growing number of non-profit organizations focused on social services, the environment, education, and other unmet needs throughout society, the nonprofit sector is increasingly central to the health and well-being of society. [12]
For example, a peer-reviewed science article including original findings may include a scatter plot of data points and a cross-sectional x-ray (primary material), but it may also include valuable secondary material, such as the research team's synthesis and interpretation of prior published studies reviewed in the discussion of the results or ...
The direct object is the person or thing that receives the action of the verb. It normally follows the verb. The indirect object is the person or thing to whom or to which the action was directed or for whom or for which the action was performed. The indirect object is in a way the recipient of the direct object. [11]
Tertiary (/ ˈ t ɜːr. ʃ ə. r i, ˈ t ɜː r. ʃ i ˌ ɛr. i / TUR-shə-ree, TUR-shee-err-ee) [1] is an obsolete term for the geologic period from 66 million to 2.6 million years ago. The period began with the extinction of the non-avian dinosaurs in the Cretaceous–Paleogene extinction event, at the start of the Cenozoic Era, and extended to the beginning of the Quaternary glaciation at ...