The term reflects the analysis of the three-sector model of the economy, in which the primary sector produces raw materials used by the secondary sector to produce goods, which are then distributed to consumers by the tertiary sector.

May 30, 2023 · The quaternary sector of the economy is an extension of the tertiary, i.e., the service sector. It is also known as the knowledge sector. Quaternary sector examples include fund managers, consultants, software developers, statisticians, office

The quaternary sector or quaternary industry is the economic activity based on the intellectual or knowledge-based economy. This involves work that conceives, creates, interprets, organizes, directs, and transmits with the help and support of scientific and technical knowledge.

Sep 2, 2024 · Below is a summary of the five sectors of the economy: primary, secondary, tertiary, quaternary, and quinary. The primary sector of the economy extracts or harvests products from the earth, such as raw materials and basic foods.

Apr 25, 2017 · The Quaternary sector is an improved form of tertiary sector as it involves the services related to the knowledge sector, which includes the demand for the information- based services like taking the consultancy from tax managers, statisticians and software developers.

Jan 8, 2024 · Also known as the knowledge-based economy, the Quaternary Sector thrives on intellectual prowess and knowledge-centric operations. It encompasses activities rooted in generating, interpreting, and transmitting ideas, reliant on scientific and technical insights.

Dec 2, 2023 · The quaternary sector is distinguished by its impact on economic development, quality of life improvement, and the promotion of a sustainable and informed society.

Jan 9, 2024 · The main purpose of the quaternary sector is to provide knowledge-based economic services, make intellectual capital, and drive technological advancement for each manufacturing and service sector of a country.

Jan 27, 2025 · The quaternary sector is an economic sector with primarily knowledge-based and intellectual services. In the three-sector classification, businesses in this sector fall into the tertiary sector category.

Feb 2, 2025 · The quaternary sector drives economic growth by fostering innovation and enhancing competitiveness. Investments in research and development, technological advancements, and knowledge creation propel industries forward, enabling companies to stay ahead in a globalized economy.