| Which of the following statements about Tertiary Sector is/are correct? |
Tertiary activities include only production. Tertiary activities include only exchange. Tertiary activities include both production and exchange. Tertiary activities does not include production or exchange |
| Tertiary activities include both production and exchange. |
| Tertiary activities include both production and exchange. The production involves the ‘provision’ of services that are ‘consumed’. The output is indirectly measured in terms of wages and salaries. Exchange, involves trade, transport and communication facilities that are used to overcome distance. |