Define the term quaternary sector.

Mark scheme

Marking points from the official mark scheme (Feb/Mar 2024). The mark or mark type is shown in brackets.

1. [2] economic activity based on the intellectual or knowledge-based economy
2. [2] consists of industries providing information services, such as computing, ICT (information and communication technologies), consultancy (offering advice to businesses) and R&D (research, particularly in scientific fields)
3. [1] sector of production
4. [1] 4th economic sector
5. [1] subset of tertiary sector
6. [1] ICT/R&D/computing
7. [1] land
8. [1] labour
9. [1] capital
10. [1] enterprise
11. [2] choosing the location of the business, e.g. for shops, to build a factory, natural resources in the land such as water, oil, fields, woods. Land to fish, grow crops, drill for oil, mine
12. [2] people that work in the business such as teachers, joiners, builders or doctors. Employees to work in the business, skilled and unskilled, their quality and experience
13. [2] the money and equipment such as machinery or delivery trucks, used to produce the product or service
14. [2] set of skills that develops new ways of doing things or new things to do. Ability to be creative and innovative, having an idea of how to use the land, labour and capital to make a profit, to create a business/product which will succeed in the market
15. [2] start a business/risk taking/new ideas