1. Which sector of the economy produces
highest utility services?
(a) Primary
(b) Secondary
(c) Tertiary
(d) Quaternary
Answers
Answer:
your option b)Tertiary.
THANKS☆
Answer:
The main sectors of the economy are:
Primary sector – extraction of raw materials – mining, fishing and agriculture.
Secondary / manufacturing sector – concerned with producing finished goods, e.g. Construction sector, manufacturing and utilities, e.g. electricity.
Service / ‘tertiary’ sector – concerned with offering intangible goods and services to consumers. This includes retail, tourism, banking, entertainment and I.T. services.
Quaternary sector (knowledge economy, education, research and development)
sectors-of-the-economy
Primary sector
Resource extraction, mining
Farming, fishing
The primary sector is sometimes known as the extraction sector – because it involves taking raw materials. These can be renewable resources, such as fish, wool and wind power. Or it can be the use of non-renewable resources, such as oil extraction, mining for coal.
sheep
The raw material – wool from sheep. Primary sector
In the 1920s, over one million people were employed in the UK coal industry. It was a key part of the economy. However, improved technology and the growth of other energy sources has seen a dramatic decline in this primary sector industry.
More detail on primary sector
Secondary sector
The secondary sector makes and distributes finished goods.
Manufacturing – e.,g producing cars from aluminium.
Construction – building homes, factories
Utilities – providing goods like electricity, gas and telephones to households
The manufacturing industry takes raw materials and combines them to produce a higher value added finished product. For example, raw sheep wool can be spun to form a better quality wool. This wool can then be threaded and knitted to produce a jumper that can be worn.
saltaire-mill-factory-river
Saltaire factor by the River Aire. Built by Sir Titus Salt. This was a successful mill for producing ‘alpaca wool’
Initially, the manufacturing industry was based on labour-intensive ‘cottage industry’ e.g. hand spinning. However, the development of improved technology, such as spinning machines, enabled the growth of larger factories. Benefiting from economies of scale, they were able to reduce the cost of production and increase labour productivity. The higher labour productivity also enabled higher wages and more income to spend on goods and services.