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State any two types of interdependence between industry and service sectors. - Economic Applications

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Question

State any two types of interdependence between industry and service sectors.

Short Answer
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Solution

  1. The industrial sector depends on the service sector for transport, banking, and financial services. It also depends on the service sector for the supply of education and health services.

  2. The service sector depends on the industrial sector for a range of manufactured products, including computers, printers, paper, furniture, air conditioners, and electricity. People working in the service sector purchase various consumer goods, such as clothes, televisions, and cars, which are produced by the industrial sector.
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Chapter 8: Main Sectors of Indian Economy : Services - QUESTIONS [Page 103]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 8 Main Sectors of Indian Economy : Services
QUESTIONS | Q 5. | Page 103
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