discuss the necessity and importance of service sector
Answers
Answer:
⭐ The service sector makes an important contribution to GDP in most countries, providing jobs, inputs and public services for the economy. Trade in services can improve economic performance and provide a range of traditional and new export opportunities.
⭐ (i) This sector helps in the development of the primary and secondary sectors. (ii) The activities related to this sector do not produce key good but they are an aid or a support for the production process.
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Answer:
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Explanation:
◤⚠. The service sector makes an important contribution to GDP in most countries, providing jobs, inputs and public services for the economy. Trade in services can improve economic performance and provide a range of traditional and new export opportunities.⚠◢