What is meant by quaternary industry?

What is meant by quaternary industry?

The quaternary sector consists of those industries providing information services, such as computing, ICT (information and communication technologies), consultancy (offering advice to businesses) and R&D (research, particularly in scientific fields).

What is quaternary occupation example?

Quaternary occupation is knowledge-based job opportunities to develop the economy and it promotes the growth of the nation. Education, consultancy, financial planning, and blogging are also a part of Quaternary occupation as it comes under knowledge sharing.

What do you mean by Quaternary activities?

Quaternary activities are knowledge oriented. They involve the collection, production and dissemination of information. They centre around research, development and may be seen as advanced form of services involving specialized knowledge and technical skill.

Why is quaternary industry important?

The Quaternary Industry plays a significant role to develop a country’s knowledge and scientific base. The Quaternary Industry aims to provide people with an opportunity to reflect their specialised knowledge. It mostly occurs by experts who outsource their knowledge to schools, research or data centres.

Is a doctor a quaternary job?

Examples include doctors, teachers, lawyers, estate agents, travel agents, accountants and policemen. People working in these industries are described as being in the tertiary sector. People working in these industries are described as being in the quaternary sector.

Is Google in the quaternary sector?

Quaternary Sector: The generation and sharing of hi-tech knowledge e.g. medical research, Google glasses development or web page design.

Is Apple a quaternary sector?

Apple is a secondary, tertiary and quaternary industry. Apple manufacture their own stock, they produce their goods and services at factories where they are made (secondary). Also, they are a quaternary industry because the IOS 7 is a brand new update for their upcoming and now days iPhone.

What is the difference between tertiary and quaternary sector?

The Quaternary sector is an improved form of tertiary sector as it involves the services related to the knowledge sector, which includes the demand for the information- based services like taking the consultancy from tax managers, statisticians and software developers.

Is Apple in the quaternary sector?

What sector of the economy is Apple?

Key Data

Label Value
Exchange NASDAQ-GS
Sector Technology
Industry Computer Manufacturing
1 Year Target $168.00

What are some examples of Quaternary industries?

ICT (information and communication technologies)

  • consultancy (offering advice to businesses)
  • particularly in scientific fields)
  • What does the quaternary industry do?

    quaternary industry(Noun) The sector of industry that involves the intellectual services: research, development, and information.

    What is an example of a quaternary sector?

    Examples of quaternary industry or sector Some industries in the quaternary sector are consultancy, financial planning, designing, information technologies, research and development (R&D) and generation of information .

    What is the definition of quaternary sector?

    The quaternary sector of the economy is a classification associated with extensions to the three-sector model in which the primary, secondary and tertiary sectors combine to produce goods from raw materials and distribute them to final consumers.

    What is meant by quaternary industry? The quaternary sector consists of those industries providing information services, such as computing, ICT (information and communication technologies), consultancy (offering advice to businesses) and R&D (research, particularly in scientific fields). What is quaternary occupation example? Quaternary occupation is knowledge-based job opportunities to develop the economy and it promotes the…