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GCE Economics 2023 Objective — Question 2

Question 2 of 50 from the General Certificate of Education (GCE) Economics 2023 Objective paper, with the correct answer and a full explanation.

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Warehousing is an economic activity that falls under A. tertiary production B. intermediate production C. secondary production D. primary production

  • A. tertiary productionCorrect
  • B. intermediate production
  • C. secondary production
  • D. primary production

Explanation

Warehousing is a tertiary production (service) activity, along with other services such as banking, communication, advertising, transportation, insurance and tourism.

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