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How is the tertiary sector different from the primary and secondary sectors? Give one point. - Economics

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Question

How is the tertiary sector different from the primary and secondary sectors? Give one point.

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Solution

The tertiary sector is different from the primary and secondary sectors because it does not produce goods; rather, it provides services that support the primary and secondary sectors. In contrast, the primary sector involves producing goods by exploiting natural resources, and the secondary sector involves manufacturing goods from raw materials. Hence, the tertiary sector is also called the service sector, focusing on activities like transport, communication, banking, trade, education, and health services.

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Chapter 6: Main Sectors of the Indian Economy - QUESTION BANK [Page 90]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 6 Main Sectors of the Indian Economy
QUESTION BANK | Q 8. | Page 90
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