Why is the tertiary sector becoming more important in india?explain by giving any three reasons
Answers
Ans:- Tertiary sector has becoming more important in India because -
1} 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.
All the above services is fall under tertiary sector
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(i) In any country several basic services like transport, bank, insurance, educational institutions, etc., are required and the government has to take responsibility for the provision of these services.
(ii) The development of agriculture and industry lead to the development of services, such as transport trade, storage, etc.
(iii) As income level rises, certain sections of people started demanding many services like eating out, tourism, private hospitals, etc.
(iv) Certain new services such as those based on information and communication technology have become important and essential.
(v) Greater the development of the primary and secondary sectors, more would be the demand for such services.