what are called service sector why ?
Answers
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Service sector also known as tertiary sector includes all branches of human activity whose core is to provide services, thus providing a work, knowledge, financial resources, infrastructure, goods or their combination.
Other sectors of economy:
Raw materials (primary sector)
Manufacturing and Industry (secondary sector)
The service sector represents a significant part of the national economy of modern economies – organizations providing services (service providers) create in developed countries about 60% of GDP and this share is still growing. The position of the service sector in selected EU countries, see Further information and sources.
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hey friend.
here is your answers
the tertiary sector is called the service sector as well because this sector does not produce any goods but instead produces services that helps in the development of the other two sectors
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