why has tertiary sector become important?
Answers
Answered by
4
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
2
i) The tertiary sector provides the basic services like public transportation, medical car, electricity ,banking, post office etc under the control of the govt.
ii) The tertiary sector creates an huge area for employment even for uneducated and unskilled workers.
iii) The tertiary sector distributes the consumer goods to different suppliers.
iv) The tertiary sector accounts for most of the national income and per capital income..
Hope it helps you
ii) The tertiary sector creates an huge area for employment even for uneducated and unskilled workers.
iii) The tertiary sector distributes the consumer goods to different suppliers.
iv) The tertiary sector accounts for most of the national income and per capital income..
Hope it helps you
Similar questions