Explain the quaternary sector with examples.
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Answer:
For example, the quaternary sector might include: information gathering, distribution and technology; research and development; vocational education; business consulting; and strategic financial services.
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ϙᴜᴀᴛᴇʀɴᴀʀʏ ᴀᴄᴛɪᴠɪᴛɪᴇs ᴀʀᴇ sᴘᴇᴄɪᴀʟɪᴢᴇᴅ ᴛᴇʀᴛɪᴀʀʏ ᴀᴄᴛɪᴠɪᴛɪᴇs ɪɴ ᴛʜᴇ ‘ᴋɴᴏᴡʟᴇᴅɢᴇ sᴇᴄᴛᴏʀ’ ᴡʜɪᴄʜ ᴅᴇᴍᴀɴᴅs ᴀ sᴇᴘᴀʀᴀᴛᴇ ᴄʟᴀssɪғɪᴄᴀᴛɪᴏɴ. ᴛʜᴇʀᴇ ʜᴀs ʙᴇᴇɴ ᴀ ᴠᴇʀʏ ʜɪɢʜ ɢʀᴏᴡᴛʜ ɪɴ ᴅᴇᴍᴀɴᴅ ғᴏʀ ᴀɴᴅ ᴄᴏɴsᴜᴍᴘᴛɪᴏɴ ᴏғ ɪɴғᴏʀᴍᴀᴛɪᴏɴ-ʙᴀsᴇᴅ sᴇʀᴠɪᴄᴇs ғʀᴏᴍ ᴍᴜᴛᴜᴀʟ ғᴜɴᴅ ᴍᴀɴᴀɢᴇʀs ᴛᴏ ᴛᴀx ᴄᴏɴsᴜʟᴛᴀɴᴛs, sᴏғᴛᴡᴀʀᴇ ᴅᴇᴠᴇʟᴏᴘᴇʀs ᴀɴᴅ sᴛᴀᴛɪsᴛɪᴄɪᴀɴs. ᴘᴇʀsᴏɴɴᴇʟ ᴡᴏʀᴋɪɴɢ ɪɴ ᴏғғɪᴄᴇ ʙᴜɪʟᴅɪɴɢs, ᴇʟᴇᴍᴇɴᴛᴀʀʏ sᴄʜᴏᴏʟs ᴀɴᴅ ᴜɴɪᴠᴇʀsɪᴛʏ ᴄʟᴀssʀᴏᴏᴍs, ʜᴏsᴘɪᴛᴀʟs ᴀɴᴅ ᴅᴏᴄᴛᴏʀs’ ᴏғғɪᴄᴇs, ᴛʜᴇᴀᴛʀᴇs, ᴀᴄᴄᴏᴜɴᴛɪɴɢ ᴀɴᴅ ʙʀᴏᴋᴇʀᴀɢᴇ ғɪʀᴍs ᴀʟʟ ʙᴇʟᴏɴɢ ᴛᴏ ᴛʜɪs ᴄᴀᴛᴇɢᴏʀʏ ᴏғ sᴇʀᴠɪᴄᴇs. ʟɪᴋᴇ sᴏᴍᴇ ᴏғ ᴛʜᴇ ᴛᴇʀᴛɪᴀʀʏ ғᴜɴᴄᴛɪᴏɴs, ϙᴜᴀᴛᴇʀɴᴀʀʏ ᴀᴄᴛɪᴠɪᴛɪᴇs ᴄᴀɴ ᴀʟsᴏ ʙᴇ ᴏᴜᴛsᴏᴜʀᴄᴇᴅ. ᴛʜᴇʏ ᴀʀᴇ ɴᴏᴛ ᴛɪᴇᴅ ᴛᴏ ʀᴇsᴏᴜʀᴄᴇs, ᴀғғᴇᴄᴛᴇᴅ ʙʏ ᴛʜᴇ ᴇɴᴠɪʀᴏɴᴍᴇɴᴛ, ᴏʀ ɴᴇᴄᴇssᴀʀɪʟʏ ʟᴏᴄᴀʟɪsᴇᴅ ʙʏ ᴍᴀʀᴋᴇᴛ.
For example, the quaternary sector might include: information gathering, distribution and technology; research and development; vocational education; business consulting; and strategic financial services
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