Question

why two centuries ago the tertiary sector in india was not playing an important role in its economy

Answer 1

Answer:

Explanation:

Tertiary sector was not playing significant role in india,s economy two centuries ago because prior to globalisation there were limited presence of multinational companies and small scale businesses were encountered. Hence employment for tertiary sector was low .....

Answer 2

Two centuries ago, the tertiary sector in india was not playing an important role in its economy as agriculture was the dominant economic activity in the country and the traditional methods were used to produce goods.

Explanation:

• The industrial revolution had not yet come to India due to which the tertiary sector had not played an important role in India.
• The old methods of transporting goods using bullock carts, arranging finances through the local moneylenders were few common sights in India.
• The industrialization and globalization had come as a boon to the economy of the country.

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