lecture 24 - Lecture 24 Tertiary economic activities...

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Lecture 24 Tertiary economic activities Tertiary economic activities are those economic activities by which Homo sapiens conduct economic activities to produce tertiary goods. It is the biggest sector in a given economy. Example: Tertiary goods are those goods, which are provided to people from different units of production. These goods are called intangible goods. Characteristics The characteristics of tertiary economic activities are as follows: Tertiary activities are the service sector of the economy It is the exchange element of PCE mechanism These activities are mainly urban based Normally located in towns, cities, ports etc Tertiary economic activities provides value added services In developed countries this is the large sector contributing to GDP Sectors involve in tertiary economic activities: Administration services Wholesaling and retailing Trade (international and internal) Banking and financial services Transportation services
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This note was uploaded on 04/23/2011 for the course GEO 101 taught by Professor Fkabir during the Spring '11 term at BRAC University.

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lecture 24 - Lecture 24 Tertiary economic activities...

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