Final answer:
Option (5), The term 'service producing' refers to industries like education that provide services, whereas agriculture, mining, and forestry involve raw material collection and are not service-producing.
Step-by-step explanation:
The term "service producing" primarily refers to industries that provide services rather than tangible goods. Among the options provided, education is an example of a service-producing industry. Primary economic sector activities such as agriculture, mining, and forestry, are involved in the collection of raw materials and are therefore not classified under the service-producing sector.
Service industries are significant components of the economy and include a wide variety of sectors such as healthcare, legal and financial services, and education. Over time, the service sector has grown to represent a substantial share of the GDP, with most jobs in a modern economy being service-oriented.