why r service sector activities becoming important
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Service sector is at present becoming one of the most important sectors.
It comprises of soft parts of the economy where people get an opportunity to offer knowledge and time for betterment.
Basic characteristics of this particular sector is that production of services is given more importance than end products, which is the need of the hour.
It will help in diminishing employment problems at the best.
It comprises of soft parts of the economy where people get an opportunity to offer knowledge and time for betterment.
Basic characteristics of this particular sector is that production of services is given more importance than end products, which is the need of the hour.
It will help in diminishing employment problems at the best.
Answered by
8
The main features of the tertiary sectors are :
(i) This sector helps in the development of the primary and secondary sectors.
(ii) The activities related to this sector do not produce key good but they are an aid or a support for the production process.
(iii) It also provides essential services that may not directly help in the production of goods such as services of teachers, doctors, barbers, lawyers, etc.
(iv) In recent times, certain new services based on information technology etc have become more important.
(v) The services which are included in the tertiary sectors are transport, storage, communication, banking, trade , etc.
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