why is territory sector becoming more impotant in india ? explain
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1) Basic services like education, healthcare, banking etc are required in a developing country like India, which are mostly cared of by the government.
2) Developments in agriculture and industry have led to requirement of services like transport, storage, trade etc.
3) Demand for tourism, shopping, private schools, private hospitals, etc. increases with the increase in the level of income.
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Answer:
territory sector or the service sector comprises almost 50% of India's population the young generation studies hard to get more good marks and then simply hunt for a good and Secure job the reason why this sector is cleaning importance can be summed up in the following points:
- development of services such as transport and storage promote agricultural and industry
- rise in income level
- development of Information and Communication Technology
- it provides largest number of employment
- the territory sector created huge employment even for the uneducated and unskilled workers
- the territory sector is responsible to distribute its services and goods to different consumers
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