Why has tertiary sector became important? What is the contradiction?
Answers
Explanation:
It contribute to GDP
It provides transport facilities
All sectors are interlinked
Answer:
Explanation:
(i) Basic services : In any country, several services such as hospitals, educational institutions, post and telegraph services, police stations, courts etc..are required. These can be considered as basic services. In a developing country, the government has to take the responsibility for the provision of these services.
(ii) Development of means of transport and communication : The development of agriculture and industry leads to the development of services such as transport, communication, trade, etc. All these are under the tertiary sector.
(iii) More income more services : The per capita income in our country is rising. As the income level rises, people demand more services like tourism, shopping centres, schools, professional training centres, banks, etc.
(iv) New services : With modernisation and globalisation, some new services based on information and communication technology have become important and essential. The production of these services has been rising rapidly.