How is the tertiary sector different from other sectors? Illustrate with a few examples
Answers
The other sectors provide a product whereas the tertiary sectors do not produce a good but they are an aid or support forth production process. For example, goods that are produced in th primary and secondary sector would need to be transported by trucks or trains and then sold in wholesale and retail shops. Transport, storage, communication, banking and trade are few examples of tertiary activities. Since these activities generate services rather than goods the tertiary sector is also known as the service sector.
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.