The tertiary sector has activities where people offer their knowledge and time to improve productivity, performance, potential, and sustainability. The basic characteristic of this sector is the production of services instead of products. Services include attention, advice, access, experience, and discussion. The production of information is generally also regarded as a service, but some economists now put it in the quaternary sector.
The tertiary sector of industry involves the provision of services to other businesses as well as final consumers. Services may involve the transport,distribution and sale of goods from producer to a consumer, as may happen in wholesaling and retailing, or may involve the provision of a service, such as in pest control or entertainment.
Examples of tertiary industries may include the following:
The tertiary sector of industry involves the provision of services to other businesses as well as final consumers. Services may involve the transport,distribution and sale of goods from producer to a consumer, as may happen in wholesaling and retailing, or may involve the provision of a service, such as in pest control or entertainment.
Examples of tertiary industries may include the following:
- Government
- Hospitality industry/Tourism
- Mass media
- Healthcare/hospitals
- Public health
- Information technology
- Waste disposal
- Financial services
- Professional services
- Education