Explain the importance of the service sector? in 80 words
Answers
(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.
(iii) It also provides essential services that may not directly help in the production of goods such as services of teachers, doctors, barbers, lawyers, etc.
(iv) In recent times, certain new services based on information technology etc have become more important.
(v) The services which are included in the tertiary sectors are transport, storage, communication, banking, trade , etc.
Answer:
1. This division helps in the improvement of the essential and optional areas.
2. The exercises identified with this part don't create key merchandise however they are a guide or a help for the creation procedure.
3. It additionally offers basic types of assistance that may not legitimately help in the creation of products, for example, administrations of instructors, specialist and so forth.
4. Lately certain new administrations dependent on data innovation and so on have gotten progressively significant.
5. The administrations which are remembered for the teritiary areas are transport , capacity , banking and so forth.
Explanation:
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