Why Is The Importance Of Tertiary Sector Is Increasing?

What are the main components of tertiary sector?

What are the main components of tertiary sectorGovernment service.Education service.Health service.

Entertainment service.Hotels and Restaurants.Retail.

This conversation is already closed by Expert.Sep 22, 2016.

Which area is most affected by the development of tertiary sector?

Urban area Explanation: Demand of services like eating out, tourism, shopping, private hospitals, schools, etc. These things are mostly demanded by the big cities. Thus it is the urban area which is affected most by the development of tertiary sector. 4.

Why tertiary sector is growing rapidly in India?

1 Answer. Tertiary sector is growing rapidly because: (i) India’s economy is growing fast. Several services like hospital, educational institutions,post, telegraph, police, courts, municipality, transport, banks, insurance etc are needed.

Is the tertiary sector playing a significant role in the development of Indian economy explain?

Answer: “Tertiary sector is not playing any significant role in the development of the Indian economy”.

What is the importance of the tertiary sector?

The importance of the Tertiary sector is rising because of the following reasons. (i) This sector provides basic services such as hospitals, educational institutions, post and telegraph services, police stations, courts, municipal corporations, defence, banks, insurance etc.

What are the characteristics of tertiary sector?

Explain any 5 features of tertiary sector?there has been an increase in the activities of tertiary sector.it is an aid to primary and secondary sectors.it basic facilities like hospitals,banks etc.Dec 8, 2016

What are the examples of tertiary sector?

Tertiary sectorthe market services sector (trade, transports, financial operations, business services, personal services, accommodation and food service activities, real estate, information-communication);the non-market sector (public administration, education, human health, social work activities).Nov 5, 2019

How does tertiary sector help in the development of primary and secondary sector?

After primary and secondary sectors there is a third sector called the service sector also known as tertiary sector. … Since these activities generate services rather than goods they promote primary and secondary sectors by providing expertise finance transportation advertisement etc.

Why is tertiary sector called service sector explain the reasons for the rising importance of tertiary sector in production?

Since the activities of tertiary sector generate services rather than goods, it is called service sector. It includes some essential services that may not directly help in the production of goods.

Which part of tertiary sector is growing in importance and which is less productive?

Services which employ highly skilled and educated workers have grown in importance. Growth in the healthcare sector, administrative services have boosted the growth in the tertiary sector. But the lower end of the tertiary sector which employs less skilled and lower educated personnel have been less productive.

Which part of tertiary sector is growing in importance?

Services which employ highly skilled and educated workers have grown in importance. Growth in the healthcare sector, administrative services have boosted the growth in the tertiary sector.

How does tertiary sector help in development?

Answer. Answer: After primary and secondary sectors, there is a third sector called the service sector also known as tertiary sector. … Since these activities generate services rather than goods, they promote primary and secondary sectors by providing expertise, finance, transportation, advertisement.

Why tertiary sector is also known as service sector?

Tertiary sector is termed as service sector because tertiary sector provides support service to primary and secondary sector.

What are the new job opportunities in tertiary sector?

Answer. Answer: Trade,Transport,communication,banking,education,health,tourism,services,insurance,etc.