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QUARTENARY SECTOR

S A R R A H , D E E Y A N , S H I V A N I , A A R Y A , D E V ,
D H R U S H I

2022
Company
WARDIERE INC.

WHAT IS IT

The quaternary sector deals with generating,


managing, and interpreting information.
Finance, media, technology, education,
consulting, engineering, and research are
just a few examples of this sector. The
quaternary sector enjoys much more
geographic freedom than the other three
economic sectors
2022
Company
WARDIERE INC.

This information sector is essentially a


“weightless” economy. Theoretically, information
sector jobs can be performed just about
anywhere. If you’re designing software, or
analyzing risk for an insurance firm, you don’t rely
on raw materials or transportation. Still, there is
some geography to the quaternary sector. The
quaternary sector has thrived in four kinds of
places: large metropolitan areas, places near
large university complexes, in places with
specialized labor pools, and in places with
attractive topography and climates.
2022
Company
WARDIERE INC.

Like the secondary sector, the quaternary sector


tends to favor large metropolitan areas.
Workers in this sector are often highly educated,
and different firms will actively compete with
one another for the most talented employees.
Large metropolitan areas offer more amenities
to potential employees, meaning that they offer
more interesting stuff to do. If two firms are
competing for the same employee, and one firm
is located in New York City, and the other is
located in Wichita, the firm in New York is likely
to win that battle. Also, large cities have a bigger
pool of potential employees, which makes labor
cheaper.
2022
Company
WARDIERE INC.

The quaternary sector is also thriving near


large university complexes – places that have
several prestigious colleges are universities.
Such places offer a larger pool of college
graduates to recruit from. Also, universities
are the epicenter of cutting-edge research,
and quaternary sector firms often consult
and partner with these universities, so being
in close proximity to them is beneficial.
Universities are to the Information Age what
coals mines were to the Industrial Revolution.
A prime example of this is Silicon Valley, just
south of San Francisco.
2022
Company
WARDIERE INC.

Highly specialized fields within the quaternary sector are often already concentrated in a
particular city. Those wishing to work in that field are wise to move to that city, and firms in the
field are practically required to locate there if they want to find employees. Examples include
advertising in New York, auto engineering in Detroit, software in Boston and San Francisco, food
research and marketing in Chicago, and different segments of the entertainment industry in
New York, Los Angeles, Chicago
2022
Company
WARDIERE INC.

ADVANTAGES
It enables a specialized space in which entrepreneurial thinking is essential. This
area is used by individuals to identify and develop new products.
This sector allows countries to focus on developing new ways to support the
other sectors.
The specialised sector allows the workforce to advance their skills to a higher
level. It enables consultants, for example, to work in a higher knowledge field
while also supporting existing structures.
The Quaternary Industry devotes a significant amount of time to improving
existing knowledge systems in the information technology environment.
Large-scale corporations typically make significant investments to ensure the
development of the Quaternary Industry.

2022
Company
WARDIERE INC.

DISADVANTAGES
It remains a highly specialized environment that tends to decline during
economic downturns.
That is, it does not provide you with food but rather focuses indirectly on new
methods of planting seeds more successfully.
This industry employs highly skilled individuals and necessitates significant
investment to compensate these specialized individuals.
The Quaternary Industry is a white-collar field with a limited number of job
opportunities.

2022
Company

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