Economy, asked by bhavyakas200529, 7 months ago

how is the tertiary sector different from other sector? illustrate with a few examples​

Answers

Answered by bittumogatalareddy
9

Answer:

The tertiary sector different from other two sectors. This is because other two sectors produce goods but, this sector does not produce goods by itself. ... These activities are an aid or support for the production process. For example, transport, communication, storage, banking, insurance, trade activities etc.

Answered by anushadhale
26

Answer:

The tertiary sector is different from the other two sectors because:

  • Tertiary sector does not manufacture  goods.
  • It helps in the development of the other two sectors.
  • For this reason, it is also known as the service sector.
  • They are an aid or a support fro the production process.
  • It is the backbone of all the sectors.
  • As primary and secondary sectors develop, there is requirement of services. Hence tertiary sector is also developed.

Examples:

  1. Goods that are produced in the primary/secondary sector, would need to be transported by trucks or trains and then sold in wholesale and retail shops. At times, it may be necessary to store these in godowns.
  2. We also need to talk to people over telephones or send letters (communications) or take a loan from banks (banking) to help the production and trade.

Transport, storage, communications, banking, trade, etc. are some examples of the tertiary activities.

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