Which of the following activity is related to the tertiary sector of the economy?

The correct answer is Storage.

Key Points

• The tertiary sector of the economy is also known as the service sector, which provides intangible goods and services to consumers.

• Tertiary Sector:

  • The sector that helps in the development of the Primary and Secondary sectors through providing services.
  • Transport, communication, banking, storage, trade, etc. all come under the tertiary or service sector. 
  • However, it also includes services that don’t help directly in producing goods. 
  • E.g. education, healthcare, information technologies, network operators, etc.
• Storage is an activity that falls under the tertiary sector as it involves the storage of goods and commodities for distribution and sale.
• Automobile production is related to the secondary sector, which involves the production of tangible goods through manufacturing and construction.
• Fishing is related to the primary sector, which involves the extraction of raw materials from nature like agriculture, mining, and fishing.
•  Cloth weaving is also related to the secondary sector, which involves the production of textiles and other goods through manufacturing and construction.

Additional Information

Primary Sector

• Primary Sector: the sector that includes natural products like agricultural goods (rice, wheat, cotton, etc.) produced by exploiting the natural resources of the earth.
• Dairy, fishing, forestry minerals, and ores are also natural products and therefore activities involved in attaining those products also fall under the primary sector.

Secondary Sector

• Secondary Sector: the sector that includes goods that are transformed from natural products through industrial activities or manufacturing.
• It includes artificial techniques which change the form of natural products.
• E.g.: making clothes using cotton fiber from the plant. It is also called the Industrial Sector.