Health care, insurance, recreation and other intangible products are provided by the:
A)global sector.
B)service industry.
C) industrial sector.
D)manufacturing industry.

Question

Quizplus · Accepted Answer

The service industry is responsible for providing intangible products such as health care, insurance, and recreation, as well as other services. The global sector pertains more to international trade and commerce, while the industrial sector deals with the production of tangible goods. The manufacturing industry focuses specifically on the production of goods through various processes. Therefore, the best choice for the question is B) service industry.

Health Care, Insurance, Recreation and Other Intangible Products Are Provided