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The quaternary sector of the economy is based upon the economic activity that is associated with either the intellectual or knowledge-based economy. This consists of information technology;
media Media may refer to: Physical means Communication * Media (communication), tools used to deliver information or data ** Advertising media, various media, content, buying and placement for advertising ** Broadcast media, communications deliv ...
;
research and development Research and development (R&D, R+D), known in Europe Europe is a continent A continent is any of several large landmasses. Generally identified by convention (norm), convention rather than any strict criteria, up to seven geogra ...
; information-based services such as
information Information is processed, organised and structured data Data (; ) are individual facts A fact is something that is truth, true. The usual test for a statement of fact is verifiability—that is whether it can be demonstrated to c ...

information
-generation and information-sharing; and knowledge-based services such as
consultation Consultation may refer to: * Public consultation, a process by which the public's input on matters affecting them is sought * Consultation (Texas), the 1835 Texas meeting of colonists on a proposed rebellion against the Republic of Mexico * Consult ...
,
education Education is the process of facilitating learning, or the acquisition of knowledge, skills, value (ethics), values, morals, beliefs, habits, and personal development. Educational methods include teaching, training, storytelling, discussion ...

education
,
financial planning In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. This often includes a budge ...
,
blogging A blog (a truncation In mathematics and computer science, truncation is limiting the number of numerical digit, digits right of the decimal point. Truncation and floor function Truncation of positive real numbers can be done using the floo ...

blogging
, and
designing A design is a plan or specification for the construction of an object or system or for the implementation of an activity or process, or the result of that plan or specification in the form of a prototype, product or process. The verb ''to design ...
. Other definitions describe the quaternary sector as pure services. This may consist of the
entertainment industry Entertainment is a form of activity that holds the attention and interest In and , interest is payment from a or deposit-taking financial institution to a or depositor of an amount above repayment of the (that is, the amount borrowed ...
, to describe
media Media may refer to: Physical means Communication * Media (communication), tools used to deliver information or data ** Advertising media, various media, content, buying and placement for advertising ** Broadcast media, communications deliv ...
,
culture Culture () is an umbrella term which encompasses the social behavior and Norm (social), norms found in human Society, societies, as well as the knowledge, beliefs, arts, laws, Social norm, customs, capabilities, and habits of the individuals i ...

culture
, and
government A government is the system or group of people governing an organized community, generally a state State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Departmen ...

government
. This may be classified into an additional quinary sector. The term reflects the analysis of the
three-sector model The three-sector model in economics divides Economy, economies into three Economic sector, sectors of activity: extraction of raw materials (Primary sector of the economy, primary), manufacturing (Secondary sector of the economy, secondary), ...
of the economy, in which the primary sector produces raw materials used by the secondary sector to produce goods, which are then distributed to consumers by the tertiary sector. Contrary to this implied sequence, however, the quaternary sector does not process the output of the tertiary sector. It has only limited and indirect connections to the
industrial economy In economics Economics () is the social science that studies how people interact with value; in particular, the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of good ...
characterized by the three sector model. In a modern economy, the generation, analysis and dissemination of information is important enough to warrant a separate sector instead of being a part of the tertiary sector. This sector evolves in well-developed countries where the primary and secondary sectors are a minority of the economy, and requires a highly educated workforce. The tertiary and quaternary sectors form the largest part of the UK economy, employing 76% of the workforce. Clark's Sector Model.png, 's sector model of an economy undergoing technological change. In later stages, the quaternary sector of the economy grows – shown in red. Criminal Minds scene (Season 6).jpg, Producing entertainment tv


See also

*
Indigo Era The Indigo Era, or Indigo economies, is a concept first publicized in early 2016 by international businessman Mikhail Fridman Mikhail Maratovich Fridman (also transliterated Mikhail Friedman; russian: Михаи́л Мара́тович Фри́ ...


References

{{Industries +4 National accounts