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 Form 1 Business Studies online video lessons on production

Tertiary level of production and its occupations

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Answer Text:
Tertiary level of production.
-This deals with provision of services.
-There are two types of services: Direct services, commercial services.
-Direct service: refers to services rendered directly to consumers.
-Occupations under direct services include:
a)Teaching
b)Legal services
c)Healthcare
d)Entertainment
e)Security
f)Hairdressing.
Commercial services:
-Also known as the aids to trade.
-They are services that assist production process to run efficiently
-Occupations under it include:
a)Transport: this is the movement of goods from one point to another.
b)Communication:This is transfer of information from one person to another.
c)Insurance: refers to the protection of life and property againist possible risks.
d)Warehouse: it refers to safe keeping of goods until when their need arises.
e)Banking: Provides safe keeping of property and money for customers.
f) Advertising: Provision of information about goods and services.


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