Economy, asked by tanmoyvestige, 1 year ago

Show how tertiary sector has emerged as the largest producing sector in India.

Answers

Answered by divyatrevadia
12
The Tertiary sector has emerged as the largest producing sector in the Indian economy in the last decade because,
(i) Demand for Tertiary sector activities like transport, storage and trade has increased substantially with the development of the Primary and Secondary sectors.
(ii) Increasing requirement of software exports from abroad that creates a boom in call centres.
(iii) With increase in the income levels of the people, demand for tourism, shopping, education and other services has increased.
(iv) Liberalisation of the financial environment has boosted faster growth in financial services.
(v) Basic services of education, healthcare and communications require a large number of people to be engaged in these Tertiary sector activities.

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Answered by Anonymous
5
HEY MATE HERE'S YOUR ANSWER ;

The Tertiary sector has emerged as the largest producing sector in the Indian economy in the last decade because,

(i) Demand for Tertiary sector activities like transport, storage and trade has increased substantially with the development of the Primary and Secondary sectors.

Tertiary sector has emerged as the largest sector in India  because of the fast economic growth of the country.

It traveled from primary level to the secondary level.

This has happened due to the increased level of educational facilities, health facilities, housing facilities, employment facilities and etc.

Due to the large number of in house productions in India, the number of business opportunities have increased which has led to higher economic development which has led to entry in tertiary sector of production.

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