Why is tertiary sector called service …

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Posted by Anshika / U Can Call Me Alien ????? 6 years, 11 months ago
- 3 answers
Gaurav Seth 6 years, 11 months ago
- 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. We require teachers, doctors and those who provide personal services such as washermen, barbers, cobblers, lawyers and people to do administrative and accounting works. In recent times, certain new services based on information technology such as Internet cafe, ATM booths, call centres, software companies, etc. have become important.Tertiary sector or the service sector composes almost 50% of India's population. The young generation studies hard, get good marks and then simply hunt for a good and secure job.
- The reasons why this sector is gaining importance can be summed up in following points:
1. The need for tertiary is increasing as there is more need of services like financial institutions, educational institutions etc. in Indian economy.
2. The tertiary sector accounts for most of the national and per capita income of India.
3. The tertiary sector created huge employment even for the uneducated and unskilled workers.
4. The tertiary sector is responsible to distribute its services and goods to different consumers.
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Aastha Gupta ? 6 years, 11 months ago
1Thank You