Question

The growrh of service sector is sustainable and can make India as a rich country. Do you agree with this statement ? Elaborate.

Answer 1

I agree with the statement and the service sector is effectively significant in the economic development process and is considered a third of the three traditional economic sectors.

Explanation:

• The service sector provides aids to other sectors, thus helping in their efficiency and spontaneity.
• This sector particularly provides a sturdy base of employment thus regulating the rate of unemployment and the gross earnings of the country.
• It enhances technical education thereby enriching the country with quality of service.  It helps in sustaining the elementary and primary workload.
• It helps in promoting network facilities, promotes industrialization thus enhancing trade and leading to better market growth.

Learn more about service sector growth

Why are service sector activities becoming important?

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Discuss the significance and growth of the service sector in modern economic development.

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Answer 2

Answer:

sector in India can become a rich country