Question

Explain any five reason for server sector growth in india long answer

Answer 1

Tertiary sector has become important in India because :

(i) Basic services like hospitals, education, post and telegraph, courts, etc. are the responsibility of the government in developing countries. in developing countries.

(ii) Demand for services such as transport, trade, storage will increase with the development of primary and secondary sectors. in developing countries.

(ii) Demand for services such as transport, trade, storage will increase with the development of primary and secondary sectors.

(iv) Rapid growth of services sector also benefitted from external demand such as software industry and call centre services. in developing countries.

(v) Liberalisation of financial sector provided an environment for faster growth of financial services.

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