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Question
Which sector is classified as the tertiary or service sector?
Options
Trade, Transport & Storage, and Services
Agriculture, Mining and Quarrying
Forestry, Fishing, and Animal Husbandry
Manufacturing, Electricity, Gas & Water Supply, Construction
MCQ
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Solution
The tertiary or service sector comprises Trade, Transport & Storage, and Services. This is distinct from the primary sector (agriculture and mining) and the secondary sector (manufacturing and construction). The service sector has been expanding rapidly in developing economies.
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