8. Explain the importance of the service sector. answers
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The main features of the tertiary sectors are:
- This sector helps in the development of the primary and secondary sectors.
- The activities related to this sector do not produce key good but they are an aid or a support for the production process.
- It also provides essential services that may not directly help in the production of goods such as services of teachers, doctors, barbers, lawyers, etc.
- In recent times, certain new services based on information technology etc have become more important.
- The services which are included in the tertiary sectors are transport, storage, communication, banking, trade, etc.
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