Question

Sub sectors of tertiary sector

Answer 1

Answer:

The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work.

It is made of:

the market services sector (trade, transports, financial operations, business services, personal services, accommodation and food service activities, real estate, information-communication);

the non-market sector (public administration, education, human health, social work activities).

The perimeter of the tertiary sector is therefore defined by complementary with agricultural and industrial activities (the primary and secondary sectors).

Explanation:

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Answer 2

The service sector consists of the soft parts of the economy such as insurance, government, tourism, banking, retail, education, and social services. Currently service sector is contributing near about 60 % of Indian GDP. Service sector is also known as tertiary sector.