Question

what are the causes of raising importance of tertiary sector ?

Answer 1

1 Increased competitions in the industrial sector
2 Problems faced in the Agricultural sector
3 Govt incentives to the service sector
4 Lower initial costs required since large amt of initial cost to be incurred in industry sector also sometimes in agricultural sector
5 Lower risks of Income
6 Increased scope of service sector
7 No risks related to losses
8 Increase in the literacy rate etc..,

Answer 2

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• In any country several services such as hospitals, school etc are required. These can be considered as basic services. In a developing country the government has to take rest for the provision of these services.

• The development of primary and secondary sector leads to the development of tertiary sector.

• As income level rises, people start demanding many more services.

• Services such as it have became important and essential. The production of these services has been rising rapidly.

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