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What is the difference between tertiary industry and auxiliaries to trade.

Posted by Ananya Aggarwal 4 years, 4 months ago

CBSE > Class 11 > Business Studies

1 answers

Gaurav Seth 4 years, 4 months ago

Tertiary industries are concerned with the firms that provides all kinds to services including consumer services, transportation for people, banking etc. But, Auxiliaries to trade are the activities that facilitate the trading process only. There are various auxiliaries to trade like banking and finance, advertising, warehousing etc.

Therefore, tertiary industries are wider in scope than auxiliaries to trade and they cover all auxiliaries to trade.

2Thank You

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