Which sector provides services like healthcare and education?

• A. Primary Industry Sector
• B. Secondary Industry Sector
• C. Goods & Services Footprint
• D. Tertiary Industry Sector

Answer: (D)

The concept being tested is how economies are organized by the type of activity. Healthcare and education are examples of services—activities that people experience and pay for, rather than physical goods produced and sold. In the standard three-sector model, the tertiary sector covers these services, along with things like finance, retail, and transportation. It focuses on providing intangible benefits and expertise to individuals and businesses, rather than making or extracting raw materials.

Primary industry involves extracting or farming resources, and secondary industry involves turning those resources into manufactured goods. The Goods & Services Footprint isn’t a sector classification; it’s a way to describe the balance of goods versus services in an economy, not a provider of services. So the sector that best fits the description of healthcare and education is the tertiary sector.