give five reasons for the rising importance of the tertiary sector in production
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18
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.
(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.
Niilesh:
amazing answer bhai
in which school u guys r in?
thanks bro
Answered by
7
Tertiary sector has shown a huge increase in production in recent time.
this is due to many factors.
1) development of IT sector.
2) modifications and development of primary and secondary sector.
3) various government programmes and schemes to make tertiary sector better.
4) increasing use of IT sector in almost everywhere.
5) increase in demand for tourist industry.
6) industries like hospitals, school, etc having better infrastructure.
this is due to many factors.
1) development of IT sector.
2) modifications and development of primary and secondary sector.
3) various government programmes and schemes to make tertiary sector better.
4) increasing use of IT sector in almost everywhere.
5) increase in demand for tourist industry.
6) industries like hospitals, school, etc having better infrastructure.
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