Question

explain TERTIARY SECTOR

Answer 1

Explanation:

The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors of the three-sector theory. The others are the secondary sector, and the primary sector. The service sector consists of the production of services instead of end products

Answer 2

Answer:

Tertiary sector helps in the development of secondary and primary sectors. Tertiary sector supports the production process, the activities of the tertiary sector, by themselves, do not produce goods.

Explanation:

• There are 3 main sectors based on the activities carried out. The sectors can be classified as

1. Primary, 
2. Secondary and 
3. Tertiary sector.

• Gross Domestic Product (GDP) of a country is the sum of the final value of the services and goods produced in each of the above three sectors, for a particular year. The size of the country’s economy is given by the GDP