Which of the following is NOT a sector of production?

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The service sector is actually an established and recognized part of the economy, specifically categorized as the tertiary sector. The primary, secondary, and tertiary sectors are the three main sectors of production that form the basis of economic activities.

The primary sector involves the extraction and harvesting of natural resources (like agriculture, mining, and fishing). The secondary sector focuses on the manufacturing and processing of goods, adding value to raw materials obtained from the primary sector. The tertiary sector, also known as the service sector, encompasses a broad range of activities including healthcare, education, finance, and hospitality.

By understanding this classification, it is clear that all three sectors—primary, secondary, and tertiary—represent distinct categories of production, and thus the assertion that the service sector is not a sector of production is incorrect.

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