what is a tertiary industry
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It is that industry which provide services such as bank ,finance etc. It is also known as service industry also.
Here is ur answer
It is that industry which provide services such as bank ,finance etc. It is also known as service industry also.
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Tertiary industry comes in tertiary sector. It is popular by other name as the service sector. It helps in selling and marketing the goods which have been produced under the primary sector and secondary sector.
In the primary sector, raw materials are extracted from the natural resources, then the raw goods are either converted or assembled into finished goods. These finished goods are sold by the tertiary sector.
It provides services to the primary and secondary sectors. These services include banking , transport , communication , storage facility for goods. So we can also consider the Tertiary sector as the Backbone of primary and secondary sectors . It helps in the functioning of the other sectors also.
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