Write about quinary activities.
Answers
Economic activities are broadly grouped into primary, secondary, tertiary activities. Higher services under tertiary activities are again classified into quaternary and quinary activities. Quinary activities or Gold Collar Professions 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 Activities:
Explanation:
- Quinary activities are the set of tasks that we perform in which there are loads of creation, re-arrangements and manipulation and establishment of new ideas.
- There is a high need for these sorts of activities for the country.
- In this way, there will be many opportunities for various people living in the country.
- After approaching with some quinary activities and ideas, if the idea and the establishment are genuine and effective it will help in the country’s development.
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