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Q.

Retail stores and wholesale stores are examples of

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a

Primary sector

b

Secondary sector

c

Tertiary sector

d

None of the above

answer is C.

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Detailed Solution

Retail stores and wholesale stores are examples of the tertiary sector.
The tertiary sector does not include the production of actual goods. It mainly consists of services that assist the goods produced in the primary and secondary sectors. It provides services to these sectors, which is also called the service sector. In retail and wholesale stores, no commodity is produced. It makes the goods produced in various factories available to consumers at a single location. Thus, they provide consumer services and are part of the tertiary sector.

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