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Question
How is the tertiary sector different from other sectors? Illustrate with a few examples.
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Solution
The primary and secondary sectors manufacture items, whereas the tertiary sector does not create or manufacture goods but does provide services. The activities of the tertiary sector contribute to the development of the primary and secondary sectors. For example, the tertiary sector transports items produced in the primary and secondary sectors from one location to another via trucks and trains before selling them in the market, among other things. Banks, telephones, and insurance companies are required for both primary and secondary sector activity. All of these are instances from the tertiary sector. Thus, the tertiary sector provides services that support the growth of basic and secondary sector operations.
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