Economics Chapter 6: Types of Services

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Questions and Answers

What is the primary characteristic of tertiary activities?

  • Extraction of natural resources
  • Provision of services in exchange for payments (correct)
  • Manufacturing of goods
  • Production of tangible goods

In which sector of the economy do professionals like doctors, lawyers, and teachers provide their services?

  • Quaternary sector
  • Tertiary sector (correct)
  • Primary sector
  • Secondary sector

What is the significance of manpower in the service sector?

  • It is an important component of the service sector (correct)
  • It is a minor component of the service sector
  • It is only required in the primary sector
  • It is only required in the secondary sector

In a developed economy, what is the proportion of workers employed in the tertiary sector?

<p>A majority (A)</p> Signup and view all the answers

What is the output of tertiary activities measured in terms of?

<p>Wages and salaries (D)</p> Signup and view all the answers

What is exchange involved in tertiary activities?

<p>Trade, transport, and communication facilities (D)</p> Signup and view all the answers

What is the primary factor that determines the mode of transport?

<p>Distance in terms of time or cost (D)</p> Signup and view all the answers

What is the term for the meeting point of two or more routes?

<p>Node (C)</p> Signup and view all the answers

What is the purpose of isochrone lines on a map?

<p>To show the time taken to reach different places (B)</p> Signup and view all the answers

What is the role of wholesalers in the supply chain?

<p>They buy goods from manufacturers and sell to retailers (A)</p> Signup and view all the answers

What is the impact of population size on transport demand?

<p>It increases the demand for transport (B)</p> Signup and view all the answers

What is the primary function of transport?

<p>To provide a service or facility (C)</p> Signup and view all the answers

What is the result of efficient transportation on communication?

<p>It makes communication easier (A)</p> Signup and view all the answers

What is the role of modern technology in telecommunications?

<p>It speeds up the communication process (D)</p> Signup and view all the answers

What is the purpose of satellite communication?

<p>To relay information of the earth and from space (C)</p> Signup and view all the answers

What is the impact of modern communication systems on the global communication system?

<p>It has revolutionised the communication process (D)</p> Signup and view all the answers

Which of the following activities is not typically considered a quaternary service?

<p>Manufacturing computers (C)</p> Signup and view all the answers

What is a major consequence of outsourcing jobs to other countries?

<p>Dissatisfaction among job seekers in the outsourcing country (C)</p> Signup and view all the answers

What is the primary difference between BPO and KPO?

<p>BPOs have better business opportunities, while KPOs have limited opportunities (B)</p> Signup and view all the answers

What is the main reason for the growth of the service sector in modern economies?

<p>Shift in focus from goods to services (A)</p> Signup and view all the answers

What is the primary purpose of transport and communication services?

<p>To connect businesses and customers (C)</p> Signup and view all the answers

What is the term for the gap in access to digital technology and the internet?

<p>Digital divide (D)</p> Signup and view all the answers

What is the main purpose of outsourcing?

<p>To improve efficiency and reduce costs (C)</p> Signup and view all the answers

Which sector has replaced most of the primary and secondary employment as the basis for economic growth?

<p>Quaternary Sector (A)</p> Signup and view all the answers

What is the term used to describe the transfer of work to overseas locations?

<p>Off-shoring (C)</p> Signup and view all the answers

What is the main reason for outsourcing IT-related services to countries like India and China?

<p>To access low-wage skilled staff (B)</p> Signup and view all the answers

What is the term used to describe the uneven distribution of ICT access and benefits across the globe?

<p>Digital Divide (B)</p> Signup and view all the answers

What is the nature of work referred to as 'White Collar'?

<p>Knowledge-based work (B)</p> Signup and view all the answers

What is the term used to describe the activities that involve high degrees and level of innovations?

<p>Quinary activities (B)</p> Signup and view all the answers

What is the main characteristic of Quaternary activities?

<p>They are not localised by market (A)</p> Signup and view all the answers

What is the sector that provides most of the employment in Delhi, Mumbai, Chennai, and Kolkata?

<p>Quaternary Sector (C)</p> Signup and view all the answers

What is the main function of Knowledge Process Outsourcing (KPO)?

<p>To create additional business opportunities (C)</p> Signup and view all the answers

What is a common characteristic of landscapes that attract tourists?

<p>They have been untouched by human activities (D)</p> Signup and view all the answers

What is the primary reason why tourists visit ancient or picturesque towns and archaeological sites?

<p>To explore historical and artistic attractions (B)</p> Signup and view all the answers

What is a common feature of medical tourism in countries like India and Thailand?

<p>Medical services at a cheap cost (A)</p> Signup and view all the answers

What is the main benefit of outsourcing medical tests and data interpretation?

<p>Improving the quality of medical services (D)</p> Signup and view all the answers

What is the primary characteristic of quaternary activities?

<p>They centre around research, development and specialised knowledge (B)</p> Signup and view all the answers

What is the term used to describe the highest level of decision makers or policy makers?

<p>Quinary professionals (B)</p> Signup and view all the answers

What is the main difference between knowledge processing outsourcing (KPO) and Business Process Outsourcing (BPO)?

<p>KPO involves highly skilled workers, while BPO involves low-skilled workers (C)</p> Signup and view all the answers

What is the term used to describe the trend of outsourcing medical services to countries like India and Switzerland?

<p>Outsourcing (C)</p> Signup and view all the answers

What is the primary reason why countries like India and China are attracting outsourcing businesses?

<p>They offer cheap and skilled workers (A)</p> Signup and view all the answers

What is the term used to describe the trend of combining medical treatment with international tourism activity?

<p>Medical tourism (B)</p> Signup and view all the answers

What is the primary characteristic of low-order services?

<p>They are more widespread and common than high-order services. (C)</p> Signup and view all the answers

What is the primary reason for the location of recreational and entertainment services in or near the Central Business District (CBD)?

<p>To serve the working population and tourists in the area. (A)</p> Signup and view all the answers

What is the trend in employment in the tertiary sector in more developed countries?

<p>It has been increasing while the primary and secondary sectors have been decreasing. (B)</p> Signup and view all the answers

What is the main purpose of tourism?

<p>To engage in recreational activities and experience different cultures. (A)</p> Signup and view all the answers

What is the main reason for the popularity of tourism in Southern Europe and the Mediterranean lands?

<p>The consistent warm and sunny weather throughout the year. (C)</p> Signup and view all the answers

What is the primary characteristic of professional services?

<p>They are primarily concerned with mental labor and include services such as health care and engineering. (A)</p> Signup and view all the answers

What is the main purpose of regulating services?

<p>To supervise and control the marketing of services such as transport and telecommunication. (D)</p> Signup and view all the answers

What is the primary characteristic of personal services?

<p>They are provided to facilitate the daily lives of people. (B)</p> Signup and view all the answers

What is the main reason for the growth of infrastructure industries in tourist regions?

<p>The growth of tourism and the demand for services such as accommodation and transport. (A)</p> Signup and view all the answers

What is the primary characteristic of high-order services?

<p>They are highly specialized and cater to a specific niche. (B)</p> Signup and view all the answers

What is the primary characteristic that distinguishes tertiary activities from secondary activities?

<p>Specialised skills, experience and knowledge of the workers (B)</p> Signup and view all the answers

What is the main purpose of trade in tertiary activities?

<p>To buying and selling of items produced elsewhere (C)</p> Signup and view all the answers

What type of tertiary activity involves the sale of goods directly to the consumers?

<p>Retail trading (D)</p> Signup and view all the answers

What is the primary function of rural marketing centres?

<p>To serve as trading centres of the most rudimentary type (B)</p> Signup and view all the answers

What is the characteristic of periodic markets in rural areas?

<p>They are held on specified dates and move from one place to another (D)</p> Signup and view all the answers

What is the primary advantage of chain stores in retail trading?

<p>They are able to purchase merchandise most economically (C)</p> Signup and view all the answers

What is the primary difference between urban and rural marketing centres?

<p>Urban centres provide more widely specialised urban services (D)</p> Signup and view all the answers

What is the primary characteristic of tertiary activities?

<p>They do not involve the production of physical goods (D)</p> Signup and view all the answers

What is the primary function of trading centres or collection and distribution points?

<p>To make available goods and services (C)</p> Signup and view all the answers

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