Question

Give the meaning of tertiary sector.Explain the reasons that contributed the growth of this sector..

Answer 1

the sector of an economy concerned with or relating to tertiary industry, is tertiary sector.

A strategy of international expansion may be driven by a sector for new markets or by the need to respond to existing customers who are traveling abroad in greater numbers.

 

When companies set up operations in other countries they often prefer to deal with just a few international suppliers rather than numerous local firms.

 

The net effect is to increase competition and to encourage the transfer of innovation in both products and processes from country to country.

Answer 2

tertiary sector is the service sector which provides AIDS and axillary to primary and secondary sector
each and every developed county have high contribution of tertiary sector in their GDP this the only reason