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Tertiary sector produces ______. - Economics

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Question

Tertiary sector produces ______.

Options

  • goods only

  • services only

  • both goods and services

  • None of these

MCQ
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Solution

Tertiary sector produces services only.

Explanation:

The tertiary sector, also known as the service sector, does not produce goods but provides various services such as transport, banking, insurance, and education. It supports the primary and secondary sectors by facilitating services essential for the economy’s overall functioning and growth.

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Chapter 9: Tertiary Sector - QUESTIONS [Page 145]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 9 Tertiary Sector
QUESTIONS | Q 1. | Page 145
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