Question

Classify the economic activities on the basis of i.nature of work ii.important conclusion on important sectors iii. problems and solutions

Answer 1

Human activities which generate income are known as economic activities.
Economic activities are broadly grouped into primary, secondary, tertiary activities. Higher
services under tertiary activities are again classified into quaternary and quinary activities.
Let us first understand the differences between the different sectors of the economy, so that
it will be easier for us to understand the factors responsible for the location of primary,
secondary, and tertiary sector industries in various parts of the world (including India).primary activity
Primary activities are directly dependent on environment as these refer to utilisation
of earth’s resources such as land, water, vegetation, building materials and minerals.
It, thus includes, hunting and gathering, pastoral activities, fishing, forestry, agriculture,
and mining and quarrying.
People engaged in primary activities are called red-collar workers due to the outdoor nature
of their work.
Secondary activities
Secondary activities add value to natural resources by transforming raw materials
into valuable products. Secondary activities, therefore, are concerned with manufacturing,
processing and construction (infrastructure) industries.
People engaged in secondary activities are called blue collar workers.
Tertiary activities
Tertiary activities include both production and exchange. The production involves
the ‘provision’ of services that are ‘consumed. Exchange, involves trade, transport and
communication facilities that are used to overcome distance.
Tertiary jobs = White collar jobs.
, Quaternary activities are specialized tertairy activities in the ‘Knowledge Sector’ which
demands a separate classification. There has been a very high growth in demand for and
consumption of information based services from mutual fund managers to tax consultants,
software developers and statisticians. Personnel working in office buildings, elementary
schools and university classrooms, hospitals and doctors’ offices, theatres, accounting and
brokerage firms all belong to this category of services. Like some of the tertiary
functions, quaternary activities can also be outsourced. They are not tied to resources,
affected by the environment, or necessarily localised by market.
Quinary activities
Quinary activities are services that focus on the creation, re-arrangement and interpretation
of new and existing ideas; data interpretation and the use and evaluation of new
technologies. Often referred to as ‘gold collar’ professions, they represent
another subdivision of the tertiary sector representing special and highly paid skills of
senior business executives, government officials, research scientists, financial and
legal consultants, etc. Their importance in the structure of advanced economies
far outweighs their numbers.The highest level of decision makers or policy makers perform
quinary activities.
Quinary = Gold collar professions.