Which Is the Best Example of a Tertiary Sector Economic

question 15

Multiple Choice

Which is the best example of a tertiary sector economic activity?

• A)changing the oil of an automobile
• B)the sale of insurance for that automobile
• C)mining the iron ore for the engine of that automobile
• D)the sale information regarding automobile availability and quality

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Definitions:

Fortunate Fifth

Refers to the top 20% of the population in terms of income or wealth, often highlighted in discussions of economic inequality.

Privileged Position

A social or economic advantage held by a particular group or individual, allowing them access to certain benefits not widely available to others.

Business

The practice of engaging in commerce, trade, or professional activities with the aim of generating profits and sustaining operations.

Elite Democratic View

A perspective within the Democratic Party that emphasizes the role and contributions of its most influential and high-ranking members in shaping policy and governance.