Which industry includes services that used to be performed in the home?

Study for the Year 11 Business Studies Preliminary Exam. Use flashcards, multiple-choice questions, and detailed explanations for each topic. Prepare effectively for your exam and boost your confidence!

Multiple Choice

Which industry includes services that used to be performed in the home?

Explanation:
When we classify economic activity by sectors, the quinary sector covers domestic and personal services—things that people used to do themselves at home but are now provided by professional services. So childcare, cleaning, home maintenance, elder care, and other personal or household services have moved from the home into specialized firms, placing them in this sector. The other sectors relate to different areas: primary and secondary deal with extraction and manufacturing, tertiary covers a broad range of general services, and quaternary focuses on knowledge-based work.

When we classify economic activity by sectors, the quinary sector covers domestic and personal services—things that people used to do themselves at home but are now provided by professional services. So childcare, cleaning, home maintenance, elder care, and other personal or household services have moved from the home into specialized firms, placing them in this sector. The other sectors relate to different areas: primary and secondary deal with extraction and manufacturing, tertiary covers a broad range of general services, and quaternary focuses on knowledge-based work.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy