Identify the statement that shows the importance of tertiary sector.
(a) Loans from the banks support the agriculture and the industries
(b) Small scale industries employ large workforce.
(c) Textile industry is an agro based industry
(d) Poultry farming can generate good income to
farmers
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Answer:
ANSWER IS (B)
Explanation:
IN MY OPINION THE CORRECT ANSWER IS (B)
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The statement is (b) Small scale industries employ a large workforce.
- A tertiary sector Includes all those activities that support both the primary and secondary sector by providing its services. For example - transportation, schools and restraunts etc
- The sector is principally concerned with utilities. Hence, the service sector of the economy is equally known as the tertiary sector.
- Small enterprises, after agriculture, are the second greatest source of employment in the Indian economy.
- Small firms, in comparison to large organisations, create considerable job possibilities per unit of capital invested. As a result, they are the second greatest source of employment.
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