Which industry includes services that involve transferring and processing information?

Which industry includes services that involve transferring and processing information?

• A. Quaternary
• B. Primary
• C. Secondary
• D. Quinary

Answer: (A)

Transferring and processing information is a knowledge-based activity, which belongs to the quaternary sector. This sector covers services that handle information, data processing, IT, research and development, and other work that creates or manages knowledge. The primary sector is about extracting natural resources, the secondary sector turns those resources into manufactured goods, and the quinary sector involves high-level decision making and specialized services. Because the focus here is on handling and moving information, the quaternary sector is the best fit.

Transferring and processing information is a knowledge-based activity, which belongs to the quaternary sector. This sector covers services that handle information, data processing, IT, research and development, and other work that creates or manages knowledge. The primary sector is about extracting natural resources, the secondary sector turns those resources into manufactured goods, and the quinary sector involves high-level decision making and specialized services. Because the focus here is on handling and moving information, the quaternary sector is the best fit.