Nov 03, 2010 ¡ the service sector also known as the tertiary sector of the economy Examples such as Social Security welfare and disability benefits fall under which category of economic functions of government ...
Jan 19, 2018 ¡ Read on for the key results. Economic output. Physicians, at $2.3 trillion nationally, directly and indirectly produced value three times the $724.8 billion of the legal services industry, followed by nursing and community care facilities ($485.6 billion), higher education ($415.1 billion) and home health ($225.9 billion). Jobs.
Nov 28, 2012 ¡ the sector of a doctor is health xx :) ... technology sector , economic conditions sector , government sector , Is Greggs in the public sector or the private sector? ...
Which economic activity would lawyers, doctors, salespeople, and customer service representatives fall under? answer choices . Primary. Secondary. Tertiary. Quaternary. ... which sector of the economy removes or harvest products directly from the earth in order to extract raw materials or food? answer choices . secondary.
Economists generally work in an office environment independently. However, many economists work in educational institutions to teach students, administer the Economics department of the school, and provide academic student support services.
They have several duties that contribute to the welfare of the economy. While economists prepare tables, charts, and reports that convey research results, they also analyze pieces of data using mathematical principles and statistics. The majority of these economists work in the federal, local, and state government.
School Highlights: The Rice University Doctorate in Economics covers all of the most pivotal areas of the discipline. In particular, it emphasizes the development, defense, and analysis of any model or theory that has a place in âintuitive plausibility.â Students are exposed to in-depth research projects early on in the degree through workshops, seminars, lectures, and projects. The program also offers access to the Rice Initiative for the Study of Economics, a program that drastically increased the universityâs standing as a leader in economic research. For students with a passion for accounting, the Department of Economics and the Jones School of Business recently partnered to offer a concentration option in Finance! Graduates from Rice are sought-after talents for positions in research institutions, universities, private firms, and government agencies all across the world.
Economics is the study of the supply and demand of good or services and how they are produced, distributed, and consumed. It tackles the âeconomic agentsâ such as the buyers and sellers as well as their interaction and behavior.
They are the pioneers of evaluating economic issues and researching economic trends that affect consumer behavior.
There are also economists who study the cost of products and services as well as examine exchange rates, employment levels, and business cycles. Also, they have a vital role in understanding and analyzing inflation, interest rates, and taxes.
Also, they have a vital role in understanding and analyzing inflation, interest rates, and taxes. Most of their work requires the use of spreadsheets, database management programs, and statistical data since they study historical trends and utilize them to make relevant forecasting.
Chemical engineers, electrical engineers and electronics engineers can expect a 6-percent growth rate, while aerospace engineers will only see a 5-percent growth rate. Terri Williams began writing professionally in 1997, working with a large nonprofit organization.
Obstetricians and gynecologists make $216,760, while oral and maxillofacial surgeons are the highest paid dental surgeons at $216,440. When including other specialists, such as orthodontists, family and general practitioners, psychiatrists and prostodontists, doctors occupy almost half of the top twenty highest paid salaries.
At $147,470, petroleum engineers are the highest paid engineers, ranking 16th out of the top twenty highest salaries. However, they are the only engineers in the top twenty. Nuclear engineers are a distant second with $107,140, while aerospace engineers are the third highest engineering specialists, earning $104,810 annually.
Sectors of the Economy: Primary, Secondary, Tertiary, Quaternary and Quinary. Last updated on February 5, 2020 by Alex Andrews George.
About Alex Andrews George. Alex Andrews George is a mentor, author, and entrepreneur. Alex is the founder of ClearIAS and one of the expert Civil Service Exam Trainers in India. He is the author of many best-seller books like 'Important Judgments that transformed India' and 'Important Acts that transformed India'.
It, thus includes hunting and gathering, pastoral activities, fishing, forestry, agriculture, and mining and quarrying. People engaged in primary activities are called red-collar workers due to the outdoor nature of their work.
Tertiary activities include both production and exchange. The production involves the âprovisionâ of services that are âconsumed. Exchange involves trade, transport and communication facilities that are used to overcome distance.
Quaternary activities are specialized tertiary activities in the âKnowledge Sectorâ which demands a separate classification. There has been a very high growth in demand for and consumption of information-based services from mutual fund managers to tax consultants, software developers and statisticians. Personnel working in office buildings, elementary schools and university classrooms, hospitals and doctorsâ offices, theatres, accounting and brokerage firms all belong to this category of services. Like some of the tertiary functions, quaternary activities can also be outsourced. They are not tied to resources, affected by the environment, or necessarily localised by market.