Quinary Production
Definition
This sector involves high-level decision making within an economy or society. It includes top executives or officials in government, industry leaders in science and technology sectors etc., who create new ideas that drive economic activity.
Related terms
C-Suite Executives: Refers to corporate officers at highest level including Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operating Officer (COO) etc., who make crucial decisions for their organizations.
Policy Making: The process by which governments translate their political vision into programs and actions to deliver 'outcomes' - desired changes in real world situations.
Innovation Economy: An economy that emphasizes on innovation as a key driver for growth.
"Quinary Production" appears in:
Study guides (1)
AP Human Geography - 7.2 Economic Sectors and Patterns
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About Us
About Fiveable
Blog
Careers
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Cram Events
Merch Shop
Crisis Text Line
Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.