Economy, asked by bobby54127, 11 months ago

Give five reason for the rising importance of the teritory sector in producing ?​

Answers

Answered by yaminisharmar20
4

Answer:

Five reasons for increasing importance of tertiary sector are:

First, in any country several services such as hospitals , telegraph services, polices stations, courts etc. are required. These can be considered as the basic services . In a developing country the government has to take responsibility for the provision of these services

Second, the development of agriculture and industry leads to the development of services such as transportation, trade , storage etc. Greater the development of primary and secondary sector more would be demand for such services

Third, as income levels rise certain sections of people start demanding many more services like eating out, tourism, shopping etc.

Four, over the past decade, certain new services such as those based on information and communication technology have become important and essential. The production of these services has been rising rapidly.

There are only four major points. Hope my answer was helpful.

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