why growth in tertiary sector is important?
[3]
Answers
Answered by
10
Answer:
Tertiary sector has become important in India because :
(i) Basic services like hospitals, education, post and telegraph, courts, etc. are the responsibility of the government in developing countries.
(ii) Demand for services such as transport, trade, storage will increase with the development of primary and secondary sectors.
(iii) Demand for tourism, shopping, private schools, private hospitals, etc. increases with the increase in the level of income.
(iv) Rapid growth of services sector also benefitted from external demand such as software industry and call centre services.
(v) Liberalisation of financial sector provided an environment for faster growth of financial services.
Answered by
15
Answer:
growth in tertiary sector is important because
- it acts as a link between all the sectors of economy
- it helps in the development of primary and secondary sectors of economy
- it provides all the facilities required by us such as transportation,communication,etc
- growth in tertiary sector can increase the employment rate
Similar questions