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Tertiary sector of the economy

The tertiary sector of the economy (also known as the service sector or the service industry) is one of the three economic sectors, the others being the secondary sector (approximately the same as manufacturing) and the primary sector (agriculture, fishing, and extraction such as mining). [1]

66 relations: Accounting, Affective labor, Agriculture, Bank, Brand awareness, Consultant, Distribution (economics), Education, Entertainment, Fast-moving consumer goods, Finance, Financial services, Fishing, Franchising, Gambling, Global Industry Classification Standard, Globalism, Government, Health care, Hospital, Hospitality industry, Industry Classification Benchmark, Information, Information technology, Insurance, International Monetary Fund, International Standard Industrial Classification, International trade, Investment, Investment management, Kenichi Ohmae, Management consulting, Manufacturing, Market (economics), Market research, Mass media, Mining, North American Industry Classification System, Norway, Pest control, Post-industrial economy, Practice of law, Primary sector of the economy, Product (business), Professional services, Protectionism, Public health, Quaternary sector of the economy, Real estate, Restaurant, ..., Retail, Secondary sector of the economy, Service (economics), Standard Industrial Classification, Statistical Classification of Economic Activities in the European Community, Telecommunication, The World Factbook, Tourism, Transport, United Kingdom, United Nations, United States, United States dollar, Waste management, Western world, Wholesale. Expand index (16 more) »

Accounting

Accounting or Accountancy is the measurement, processing and communication of financial information about economic entities.

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Affective labor

Affective labor is work carried out that is intended to produce or modify emotional experiences in people.

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Agriculture

Agriculture is the cultivation of animals, plants, fungi, and other life forms for food, fiber, biofuel, medicinal and other products used to sustain and enhance human life.

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Bank

A bank is a financial intermediary that creates credit by lending money to a borrower, thereby creating a corresponding deposit on the bank's balance sheet.

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Brand awareness

Brand awareness is the extent to which a brand is recognized by potential customers, and is correctly associated with a particular product.

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Consultant

A consultant (from consultare "to discuss") is a professional who provides professional or expert advice in a particular area such as security (electronic or physical), management, education, accountancy, law, human resources, marketing (and public relations), finance, engineering, science or any of many other specialized fields.

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Distribution (economics)

Distribution in economics refers to the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital).

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Education

Education is the process of facilitating learning.

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Entertainment

Entertainment is a form of activity that holds the attention and interest of an audience, or gives pleasure and delight.

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Fast-moving consumer goods

Fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) are products that are sold quickly and at relatively low cost.

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Finance

Finance is a field that deals with assets and liabilities over time under conditions of certainty and uncertainty.

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Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds and some government-sponsored enterprises.

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Fishing

Fishing is the activity of trying to catch fish.

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Franchising

Franchising is the practice of the right to use a firm's business model and brand for a prescribed period of time.

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Gambling

Gambling is the wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods.

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Global Industry Classification Standard

The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community.

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Globalism

The concept of globalism now is most commonly used to refer to different ideologies of globalization.

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Government

A government is the system by which a state or community is controlled.

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Health care

Health care or healthcare is the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in human beings.

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Hospital

A hospital is a health care institution providing patient treatment with specialized staff and equipment.

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Hospitality industry

The Hospitality Industry is a broad category of fields within the service industry that includes lodging, event planning, theme parks, transportation, cruise line, and additional fields within the tourism industry.

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Industry Classification Benchmark

The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now owned solely by FTSE International.

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Information

Information (shortened as info or info.) is that which informs, i.e. an answer to a question, as well as that from which knowledge and data can be derived (as data represents values attributed to parameters, and knowledge signifies understanding of real things or abstract concepts).

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Information technology

Information technology (IT) is the application of computers and telecommunications equipment to store, retrieve, transmit and manipulate data, often in the context of a business or other enterprise.

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Insurance

Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for money.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, DC, of "188 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world".

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International Standard Industrial Classification

The International Standard Industrial Classification of All Economic Activities is a United Nations system for classifying economic data.

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International trade

International trade is the exchange of capital, goods, and services across international borders or territories, which could involve the activities of the government and individual.

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Investment

Investment is time, energy, or matter spent in the hope of future benefits actualized within a specified date or time frame.

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Investment management

Investment management is the professional asset management of various securities (shares, bonds and other securities) and other assets (e.g., real estate) in order to meet specified investment goals for the benefit of the investors.

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Kenichi Ohmae

is a Japanese organizational theorist, management consultant, Former Professor and Dean of UCLA Luskin School of Public Affairs, and author, known for developing the 3C's Model.

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Management consulting

Management consulting is the practice of helping organizations to improve their performance, operating primarily through the analysis of existing organizational problems and the development of plans for improvement.

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Manufacturing

Manufacturing is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.

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Market (economics)

A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange.

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Market research

Market research is any organized effort to gather information about target markets or customers.

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Mass media

The mass media are diversified media technologies that are intended to reach a large audience via mass communication.

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Mining

Mining is the extraction of valuable minerals or other geological materials from the earth from an orebody, lode, vein, seam, or reef, which forms the mineralized package of economic interest to the miner.

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North American Industry Classification System

The North American Industry Classification System or NAICS (pronounced "nakes") is used by business and government to classify business establishments according to type of economic activity (process of production) in Canada, Mexico, and the United States of America.

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Norway

Norway (Norwegian: (Bokmål) or (Nynorsk)), officially the Kingdom of Norway, is a sovereign and unitary monarchy whose territory comprises the western portion of the Scandinavian Peninsula plus Jan Mayen and the Arctic archipelago of Svalbard.

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Pest control

Pest control refers to the regulation or management of a species defined as a pest, usually because it is perceived to be detrimental to a person's health, the ecology or the economy.

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Post-industrial economy

A post-industrial economy refers to a period of growth within an industrialized economy or nation in which the relative importance of manufacturing reduces and that of services, information, and research grows.

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Practice of law

In its most general sense, the practice of law involves giving legal advice to clients, drafting legal documents for clients, and representing clients in legal negotiations and court proceedings such as lawsuits, and is applied to the professional services of a lawyer or attorney at law, barrister, solicitor, or civil law notary.

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Primary sector of the economy

The primary sector of the economy is the sector of an economy making direct use of natural resources.

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Product (business)

In marketing, a product is anything that can be offered to a market that might satisfy a want or need.

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Professional services

Professional services are occupations in the tertiary sector of the economy requiring special training in the arts or sciences.

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Protectionism

Protectionism is the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow (according to proponents) fair competition between imports and goods and services produced domestically.

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Public health

Public health refers to "the science and art of preventing disease, prolonging life and promoting health through organized efforts and informed choices of society, organizations, public and private, communities and individuals." It is concerned with threats to health based on population health analysis.

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Quaternary sector of the economy

The quaternary sector of the economy is a way to describe a knowledge-based part of the economy - which typically includes services such as information technology, information-generation and -sharing, media, and research and development, as well as knowledge-based services like consultation, education, financial planning, blogging, and designing.

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Real estate

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this (also) an item of real property; (more generally) buildings or housing in general.

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Restaurant

A restaurant is a business which prepares and serves food and drinks to customers in exchange for money, either paid before the meal, after the meal, or with an open account.

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Retail

Retail is the process of selling consumer goods and/or services to customers through multiple channels of distribution to earn a profit.

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Secondary sector of the economy

The secondary sector of the economy includes those economic sectors that produce a finished, usable product: production and construction.

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Service (economics)

In economics, a service is an intangible commodity.

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Standard Industrial Classification

The Standard Industrial Classification SIC is a system for classifying industries by a four-digit code.

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Statistical Classification of Economic Activities in the European Community

The Statistical Classification of Economic Activities in the European Community, commonly referred to as NACE (for the French term "nomenclature statistique des activités économiques dans la Communauté européenne"), is the industry standard classification system used in the European Union.

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Telecommunication

Telecommunication occurs when the exchange of information between two or more entities (communication) includes the use of technology.

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The World Factbook

The World Factbook (ISSN; also known as the CIA World Factbook) is a reference resource produced by the Central Intelligence Agency with almanac-style information about the countries of the world.

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Tourism

Tourism is travel for recreation, leisure, religious, family or business purposes, usually for a limited duration.

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Transport

Transport or transportation is the movement of people, animals and goods from one location to another.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign state in Europe.

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United Nations

The United Nations (UN) is an intergovernmental organization to promote international co-operation.

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United States

The United States of America (USA), commonly referred to as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major territories and various possessions.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, US dollar or American dollar) is the official currency of the United States and its overseas territories.

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Waste management

Waste management is all those activities and action required to manage waste from its inception to its final disposal.

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Western world

The Western world, also known as the West and the Occident (from Latin: occidens "sunset, West"; as contrasted with the Orient), is a term referring to different nations depending on the context.

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Wholesale

Wholesaling, jobbing, or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional, or other professional business users; or to other wholesalers and related subordinated services.

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References

[1] https://en.wikipedia.org/wiki/Tertiary_sector_of_the_economy

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