Question

Why is tertiary
sector becoming so important in India
​

Answer 1

Answer:

Tertiary sector has become important in India because:

Step-by-step explanation:

1. Basic services like hospitals, education, courts, etc are the responsibility of the government in developing countries
2. Demand for services such as transport, trade, storage will increase with development of primary and secondary sectors
3. Demand for tourism, shopping, private schools, private hospitals, etc increases with increase in level of income
4. Rapid growth of service sector also benefitted from external demand
5. Liberalisation of financial sector provided an environment for faster growth of financial services