explain the importance of service sector. (any three points)
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Answered by
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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.
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Answered by
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Answer:
service sector helps manufacturing industry(secondary) and primary sector to be connected with each other
They provide employment and contribute to the GDP of a nation
They helps in a development of the nation at very fast rate and provide a good scope for employment and eradicate poverty and unemployment
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