Read the following characteristics of tertiary activities carefully and choose the correct option.
I. Tertiary activities include all types of services.
II. Trade, transport and communication are parts of tertiary activities.
III. Raw material is transformed into finished goods under tertiary activities.
IV. Teachers, lawyers and traders are some of the examples of tertiary activities.
Tertiary activities refer to the service sector which supports the production and distribution of goods and services. These activities include trade, transport, communication, education, legal services, and more.
Statement I: Correct – Tertiary activities cover all kinds of services.
Statement II: Correct – Trade, transport, and communication fall under tertiary activities.
Statement III:Incorrect – Transforming raw material into finished goods is a secondary sector activity.
Statement IV: Correct – Teachers, lawyers, and traders provide services and are part of the tertiary sector.
Therefore, statements I, II, and IV are correct, making option (C) the right answer.
