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What is ‘tertiary sector’? - Economics

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Questions

What is ‘tertiary sector’?

Explain the meanings of tertiary sector.

What do you mean by tertiary sector?

What is meant by tertiary service sector?

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Short Answer
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Solution

The tertiary sector is the third sector of the economy that does not produce goods but provides services to support the primary and secondary sectors. It includes activities like transport, communication, banking, trade, insurance, health, education, and tourism and is also known as the service sector.

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Chapter 21: Project Work - PROJECT 3 [Page 429]

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