Tertiary sector activities help in the development of the primary and secondary sectors.” Evaluate the statement.
Answers
Tertiary sector activities help in the development of the primary and secondary sectors by offering transportation and storing facilities.
- There is a third industry called the tertiary sector, after the primary and secondary industries.
- Activities belonging to service sector contribute to development of the primary and secondary sectors by not directly producing products, but by assisting those sectors through activities providing assistance to the production process.
- For example, it is necessary to transport goods produced in the primary or secondary sector by trucks or trains and then sell them in wholesale and retail stores.
- Frequently it may be appropriate for these items to be stored in godowns. To support development and trade, we can even need to speak to others over the telephone or send contact letters or borrow money from banking banks.
- Communication and trade in transport storage are examples of the tertiary market. Since these activities produce services rather than commodities, by providing expertise in financing transport ads, etc., they encourage primary and secondary sectors.
Answer:
After primary and secondary sectors, there is a third sector called the service sector also known as tertiary sector. Activities that fall under the service sector help in the development of the primary and secondary sectors by not directly producing a good but helping these sectors by activities that are an aid or a support for the production process. For example, goods that are produced in the primary or secondary sector would need to be transported by trucks or trains and then sold in wholesale and retail shops. At times, it may be necessary to store these goods in go downs. We may also need to talk to others over telephone or send letters (communication) or borrow money from banks (banking) to help production and trade. Transport, storage, communication, banking and trade are some examples of service or tertiary sector. Since these activities generate services rather than goods, they promote primary and secondary sectors by providing expertise, finance, transportation, advertisement, etc.
Explanation:
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