What is production under tertiary activities?
Answer & explanation
Correct answer: option 2
The correct answer is Option 2: The production involves the provision of services that are consumed
Under tertiary activities, production does not involve manufacturing goods. Instead, it involves providing services such as transport, banking, trade, education, and healthcare, which are consumed by people at the time they are provided.
NCERT: The production involves the provision of services that are consumed. The output is indirectly measured in terms of wages and salaries.