How is the tertiary sector different from other sectors? Illustrate with few examples.
Answers
Explanation:
The tertiary sector is different from other sectors as mentioned below :
★ 1) The activities of the tertiary sector help in the development of primary and secondary sectors.
★ 2) These activities, by themselves, do not produce a good, but they are an aid or support for the production process.
For example, the transport system helps in taking goods from the factory to markets for the purpose of selling or storing in godowns.
★ 3) It provides telephones and other products for communication to the traders.
Banks provide money to help production and trade.
★ 4) Thus transport, storage, communication etc. are not tertiary activities. On the other hand, primary sector forms the base for all products that we subsequently make.
Minerals and ores are natural products which are converted into other forms by manufacturing. Sugar is made from sugarcane.
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Explanation:
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. But the activities under this sector help in the development of the primary and secondary sectors. These activities are an aid or support for the production process. For example, transport, communication, storage, banking, insurance, trade activities etc. For this reason this sector is also known as service sector.