Question

growth of tertiary sector is an indicator of economic development .explain.

Answer 1

The service sector consists of the production of services instead of end products. Services (also known as "intangible goods") include attention, advice, access, experience, and affective labor. The production of information has long been regarded as a service, but some economists now attribute it to a fourth sector, the quaternary sector.

Answer 2

growth of territory sector is an indicator of economic development because third sector mainly includes job opportunities for the people which enhance them financially ,economically and fulfill their needs. This sector is also known as service sector as it includes many industries , companies etc in which large no. of people are employed which leads to economic development