Practise classifying activities into primary, secondary, tertiary or quaternary sectors and distinguishing private ownership from public-sector accountability and provision.
Define the term quaternary sector.
Define the term quaternary sector.
Indicative content
Responses may include:
AO1 Knowledge and understanding
Clear understanding 2 marks
- economic activity based on the intellectual or knowledge-based economy
- consists of industries providing information services, such as computing, ICT (information and communication technologies), consultancy (offering advice to businesses) and R&D (research, particularly in scientific fields)
Partial understanding 1 mark
- sector of production
- 4th economic sector
- subset of tertiary sector
- ICT/R&D/computing
Accept all valid responses.