Which of the following is a tertiary economic activity?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Trading.
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The tertiary sector of the economy is also known as the service industry. This sector sells the goods produced by the secondary sector and provides commercial services to both the general population and businesses in all five economic sectors.
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Activities associated with this sector include retail and wholesale sales, transportation and distribution, restaurants, clerical services, media, tourism, insurance, banking, health care, and law.