Question

Explain any three points why teritory sector becoming important

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.
(ii) Demand for services such as transport, trade, storage will increase with the development of primary and secondary sectors.
(iii) Demand for tourism, shopping, private schools, private hospitals, etc. increases with the increase in the level of income.
(iv) Rapid growth of services sector also benefitted from external demand such as software industry and call centre services.
(v) Liberalisation of financial sector provided an environment for faster growth of financial services

Answer 2

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1. In any nation a few fundamental administrations like vehicle, bank, protection and so forth are required and the legislature needs to assume liability for the arrangement of these administrations.

2. The advancement of horticulture and industry lead to the improvement of administrations, for example, transport, exchange, stockpiling and so on.

3. As salary level ascents certain areas of individuals began requesting numerous administrations like eating out, the travel industry, emergency clinics and so on.

4. Certain new administrations, for example, those dependent on data and correspondence innovation have gotten significant and fundamental.

5. More noteworthy the improvement of the essential and optional division more would be the interest for such administrations.