Question

Which of the following is associated with quinary activities?

• A. Transport
• B. Communication
• C. Services
• D. Policy formation

Hint:

Think of the quinary sector as the "gold collar" professions. These are the people who make the big decisions and create new ideas and policies that steer the economy and society—the CEOs, top government officials, and leading scientists.

Answer 1

The Correct Option is D

Step 1: Define the economic sectors, especially the advanced ones.

Tertiary: Basic services (Transport, Communication, Retail).
Quaternary: Knowledge-based services (IT, R& D, media).
Quinary: The highest level of decision-making in an economy. It includes top-level executives in government, science, universities, non-profits, healthcare, culture, and the media.

Step 2: Analyze the options.

Transport and Communication are part of the tertiary sector.
"Services" is a broad term, but generally refers to the tertiary sector.
Policy formation is a high-level decision-making process carried out by top government officials and leaders. This fits the definition of the quinary sector perfectly.