Which of the following economic activities is classified under the tertiary sector?
APetroleum refining
BTimber logging
CBanking and insuranceCORRECT
DIron smelting
GCEGeographyEconomic Activities2024
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Why the answer is C, and why the others tempt you.
The tertiary sector comprises service industries that provide services rather than goods. Banking and insurance are service-based activities. Petroleum refining and iron smelting belong to the secondary (manufacturing) sector, while timber logging belongs to the primary (extractive) sector.
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