Question
Explain the similarities and differences between quaternary and quinary activities.

Answer

In order to understand the similarities between the two, let us first look at their features:
Features of Quaternary Activities:
  • These services are advanced and specialized economic activities and are concern mainly with information processing, research and development,
  • Offer high income.
  • These services are mainly concentrated in fast growing developed countries with specialized knowledge, technical skills, and administrative competence.
  • It belongs to service sector that is knowledge oriented and can also be outsourced. They are not tied to resources, affected by the environment, or necessarily localized by market. Features of Quinary Activities:
  • Quinary activities are the services that focus on the creation, re-arrangement and interpretation of new and existing ideas, data and technologies.

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