We explain what the tertiary sector is, its main areas and examples. In addition, what the primary, secondary and quaternary sectors consist of.
What tertiary sector?
It is called the tertiary sector or services sector of the economic chain which, unlike the previous two, does not engage in the extraction of raw material or its transformation into consumer goods, but to the satisfaction of operational and commercial needs or of any other nature required by both final consumers and other companies and industries.
This sector is often responsible for providing specialized support in the conduct of its operations to both the primary and secondary sectors, especially in matters that do not directly involve the specific economic activity to which dedicate
For example, a pharmaceutical industry will require the shipment of its medicines to the people who consume them, and to stop it, it goes to a transport company instead of doing it for itself, thus receiving transport services. This is known as outsourcing .
The tertiary sector is by nature extremely diverse and specific, but in broad strokes its three main areas of action are support, distribution and marketing.
- Support Services in the resolution of problems of a specific area, or in obtaining human, technological resources or in the supervision of the operating structure of the various forms productive.
- Distribution . The transport of both processed goods, raw materials or people, the latter for work, recreation or any other purpose.
- Marketing It is the final step of the productive chains, since it consists in bringing the final product to its consumers and making it available to the local consumer market. In some cases, the latter can be really broad, as with the online sale of products to any part of the world.
It can serve you: Quality Control.
Examples of the tertiary sector
Some examples of the services sector are:
- Transport companies Both those in charge of mobilizing the raw material from the primary sector to the secondary sector, as well as those that directly offer travel services to consumers: airlines, sea lines, bus lines, etc.
- Book distributors . Once they have left the printing press, the books must be distributed in the stores and bookstores where they will be bought by their readers. Such work is often carried out by a distribution company.
- Department stores . The goods that a store offers to the public were not made by its staff, but received for sale after having passed through its entire production chain. Thus, stores are responsible for providing merchandise sales services.
- Cleaning companies Whether for offices, public spaces or factories, cleaning services companies provide an indispensable task: keep the spaces clean, tidy, through a staff trained in these tasks and equipped with the necessary equipment.
- Technical or repair services . Those assistance services to repair artifacts, repair structural damage to the home or even to offer decoration changes, etc.
- Catering services For the production of events (parties, presentations, exhibitions, etc.), kitchen, beverage and countertop services are usually required, for which there are companies available in the market.
The primary sector is the one that initiates the production chain, by extracting or obtaining resources from nature : the raw material. Said raw material is obtained by intervening in the environment and often under strict ecological or operational rules that the State has the mission to supervise, since the primary sector usually operates under the figure of the state tender: a legal permit to extract a good or a resource.
More in: Primary Sector.
The secondary sector receives the raw material of the primary sector and is responsible for subjecting it to specialized transformation procedures, thus obtaining ready-made products ready for consumption, or semi-finished products that will in turn go to another industry of the sector to be part of other processed products. It is the industrial sector par excellence, responsible for manufacturing the things we consume .
See more: Secondary Sector.
The quaternary sector is born from a specialization of the tertiary, since this is the knowledge sector. Its offer is based on services that are impossible to mechanize and that require highly trained personnel with special knowledge, such as science, research and development, financial planning, etc.
These services are demanded by any company in the previous sectors as a method of maximizing or improving their operation, either by incorporating new technologies, correcting their operating chain or allowing others to make their personnel selection. or the administration of your finances.