hightlight any 3 factor respondible for growth of service sector in imdian economy
Answers
Answered by
1
I don't know sorry
hope you understand
hope you understand
Answered by
9
The growth of service industry is the result of combination of several reasons, they are:-
i) Increasing affluence(wealth)
there has been an increase in the demand for those services, which the customers used to perform by themselves. For example, service provided by the gardener, servants, car driver etc.
ii) More leisure(free time) time
This factor has lead to an increase in those services which are related to entertainment, because of increase in leisure time in today's people life. For example tourism industry has grown because of more leisure time available to the people.
iii) Increasing number of new products
There are certain products which, if invented will lead to growth in the service sector .computer being the invention of the 21stcentury has lead to software industry which is totally a sieve industry.
........
i) Increasing affluence(wealth)
there has been an increase in the demand for those services, which the customers used to perform by themselves. For example, service provided by the gardener, servants, car driver etc.
ii) More leisure(free time) time
This factor has lead to an increase in those services which are related to entertainment, because of increase in leisure time in today's people life. For example tourism industry has grown because of more leisure time available to the people.
iii) Increasing number of new products
There are certain products which, if invented will lead to growth in the service sector .computer being the invention of the 21stcentury has lead to software industry which is totally a sieve industry.
........
SJking1:
hi cuttie
Similar questions