What is the characteristics of tertiary?

What is the characteristics of tertiary?

The characteristics of the tertiary sector The purpose of the tertiary sector is to take charge of the evolution of a society. This in turn implies the development of the companies and direct work with the human capital. This factor together with consumption are the main hallmarks of this sector.

What are the characteristics of tertiary industry?

The Tertiary Industry focuses on a component of an economy that gives services to its consumers. These services involve a large range of opportunities for example schools, restaurants or financial banks. Normally if a country becomes more developed, they tend to focus on their tertiary sectors.

What are the characteristics of tertiary activities?

Tertiary activities include both production and exchange. The production involves the ‘provision’ of services that are ‘consumed. Exchange involves trade, transport and communication facilities that are used to overcome distance.

What are the characteristics of tertiary economic activities?

This is the sector also known as services and is the part of the economy that provide services to consumers. These services are for both individual citizens and companies, public or private institutions, among others. Fundamentally, the tertiary sector is responsible for producing services rather than final products.

What is tertiary employment?

Tertiary jobs involve providing a service e.g. teaching and nursing. Quaternary jobs involve research and development e.g. IT. Employment Structures. Employment structure means how the workforce is divided up between the three main employment sectors – primary, secondary and tertiary.

What are the characteristics of an industry?

Characteristics Of Industry

  • Economic activity. Industry is an economic activity. Industrial production is done for marketing.
  • Production. Production is the main characteristic of industry.
  • Utility. Industry creates form utility.
  • Wide scope. Industry has wide scope.
  • Component of business. Industry is a component of business.

What are the three features of tertiary sector?

The tertiary sector includes number of activities like transport, financial and real estate activities, business and personal services, education, health and social work. Tertiary sector involves activities that help in the development of the primary and secondary sector.

What are some examples of tertiary jobs?

– Tertiary industries are service industries, and are the area of most growth in the United Kingdom. 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.

What are the three types of tertiary activities?

The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work.

Which of the following is an example of tertiary occupation?

the market services sector (trade, transports, financial operations, business services, personal services, accommodation and food service activities, real estate, information-communication); the non-market sector (public administration, education, human health, social work activities).

What are the characteristics of profession?


  • Great responsibility.
  • Accountability.
  • Based on specialized, theoretical knowledge.
  • Institutional preparation.
  • Autonomy.
  • Clients rather than customers.
  • Direct working relationships.
  • Ethical constraints.

What are the five characteristics of business?

Characteristics of Business – 5 Characteristics: Sale Transfer or Exchange, Dealings in Goods and Services, Regularity in Dealings, Profit Motive and Risk or Uncertainty

  • Sale Transfer or Exchange:
  • Dealings in Goods and Services:
  • Regularity in Dealings:
  • Profit Motive:
  • Risk or Uncertainty: