Final answer:
The economic activity level that processes and distributes information is the Service industry. It is part of the tertiary and quaternary sectors and includes a range of services, making up a major portion of the US GDP.
Step-by-step explanation:
The economic activity level that processes and distributes information is the Service industry, as part of the tertiary and quaternary sectors. Unlike agriculture, manufacturing, and construction, which are associated with the primary and secondary sectors respectively, service industries produce services rather than physical goods. These services encompass a wide array of activities — from engineering and finance to childcare and medicine. In the context of the United States, the service sector contributes to more than three-quarters of the Gross Domestic Product (GDP).
Key Points
Tertiary and quaternary sector activities provide non-physical products, namely services.
- The Service sector is a major component of the US economy, significantly contributing to the GDP.
- Current data on economic activities can be found at the US Bureau of Economic Analysis, which does not involve the production of physical goods.