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The quaternary sector of the economy is based upon the economic activity that is associated with either the intellectual or knowledge-based economy. [1] This consists of information technology; media; research and development; information-based services such as information-generation and information-sharing; and knowledge-based services such as consultation, entertainment, broadcasting, mass ...
Economic activity in the hypothetical quaternary sector comprises information- and knowledge-based services, while quinary services include industries related to human services and hospitality. [ 2 ] Economic theories divide economic sectors further into economic industries .
Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.
Primary sector of the economy (the raw materials industry) Secondary sector of the economy (manufacturing and construction) Tertiary sector of the economy (the "service industry") Quaternary sector of the economy (information services) Quinary sector of the economy (humanitarian services)
Quaternary sector – the part of the economy that produces knowledge-based services. [5] [6] Information industry – Information generation and sharing – Information technology – Consulting services – Education – Research and development – Financial planning services –
Sector rotation if tech falters. Tech has continued to dominate, with the tech-heavy Nasdaq Composite up over 30% year to date. But investors may want to consider other areas of the market.
Industry classification or industry taxonomy is a type of economic taxonomy that classifies companies, organizations and traders into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets.
The benefits of walking abound—improving heart health, sleep quality, and mood are just a few of the many pros of going for a stroll. Now, new research has found that walking could add over 10 ...