Cambridge O Level Business Studies · Syllabus 7115 · Understanding Business Activity
Tertiary Sector
What is Tertiary Sector?
The sector of economic activity that provides services rather than physical goods, including retailing, wholesaling, transport, banking, insurance, tourism, healthcare and education. In many developed economies it accounts for the largest share of both output and employment.
This definition is part of the Understanding Business Activity chapter in Cambridge O Level Business Studies.
Last reviewed Syllabus 2026