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

Question

Quizplus · Accepted Answer

The service industry is specifically focused on providing intangible products such as health care, insurance, and recreation. The industrial sector is focused on producing tangible goods, and the manufacturing industry is focused specifically on producing goods through the process of manufacturing. The information-based sector is focused on the creation and dissemination of information, rather than providing tangible or intangible products.

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