Economy, asked by sivyatha7448, 1 year ago

Why is tertiary sector becoming more important in india explain?

Answers

Answered by Silvershades02
20

Tertiary sector has become important in India because :

Tertiary sector has become important in India because :(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.

Answered by JenniferKiller
29

hey mate here is your answer

Tertiary sector or the service sector composes almost 50% of India's population. The young generation studies hard, get good marks and then simply hunt for a good and secure job. The reasons why this sector is gaining importance can be summed up in following points:

1. The need for tertiary is increasing as there is more need of services like financial institutions, educational institutions etc. in Indian economy.

2. The tertiary sector accounts for most of the national and per capita income of India.

3. The tertiary sector created huge employment even for the uneducated and unskilled workers.

4. The tertiary sector is responsible to distribute its services and goods to different consumers.

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