Rising importance of the tertiary sector in production.
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Rising Importance of the Tertiary Sector. ... The development in the Agricultural and Industrial sectors has increased the need for services such as transportation, storage and trade. As the income of the people increased the demand for services in tourism, retailing, catering and elite education also increased.
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• In any country several services such as hospitals, school etc are required. These can be considered as basic services. In a developing country the government has to take rest for the provision of these services.
• The development of primary and secondary sector leads to the development of tertiary sector.
• As income level rises, people start demanding many more services.
• Services such as it have became important and essential. The production of these services has been rising rapidly.
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