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</p> Signup and view all the answers

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

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

    What is exchange involved in tertiary activities?

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

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

    <p>Node</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</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</p> Signup and view all the answers

    What is the impact of population size on transport demand?

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

    What is the primary function of transport?

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

    What is the result of efficient transportation on communication?

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

    What is the role of modern technology in telecommunications?

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

    What is the purpose of satellite communication?

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

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

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

    What is the primary purpose of transport and communication services?

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

    What is the main purpose of outsourcing?

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

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

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

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

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

    What is the main characteristic of Quaternary activities?

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

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

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

    What is the primary characteristic of quaternary activities?

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

    What is the main purpose of tourism?

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

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

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

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