Question

Which of the following is incorrect regarding the tertiary sector?

a. These activities do not produce a good by themselves

b. These activities helps in the development of the primary and secondary sectors

c. These activities add value to the national income

d. These activities generate goods rather than services​

Answer 1

Answer:

A. These activities do not produce a good by themselves

Answer 2

Answer: d. These activities generate goods rather than services​

Explanation: Tertiary sector has following characteristics:-

• It does not produce any goods but help primary and secondary sector to produce goods.
• These activities generate services rather than goods.
• The tertiary sector encompasses a wide range of activities, including commercial and personal services, education, health care, social work, transportation, financial and real estate activities, and administration.
• It's composed of:

1. trade, transportation, financial operations, business services, personal services, activities related to the provision of lodging and food, real estate, information-communication, and personal services; non-market sector (public administration, education, human health, social work activities).
2. The complementarity of the tertiary sector's operations with those in the agricultural and industrial sectors thus determines its boundaries (the primary and secondary sectors).

Hence, the incorrect statement is d. these activities generate goods rather than services.