Why tertiary sector is becoming more important?

Tertiary sector has become important in India because : (ii) Demand for services such as transport, trade, storage will increase with the development of primary and secondary sectors. (iii) Demand for tourism, shopping, private schools, private hospitals, etc. increases with the increase in the level of income.

What are the reasons for the growth of tertiary sector in India?

Main reasons behind the growth of services include rapid urbanization, the expansion of the public sector and increased demand for intermediate and final consumer services. Access to efficient services has become crucial for the productivity and competitiveness of the entire economy.

Why service sector is growing?

Growing service sector is a sign of increasing standard of living. An other factor behind development of service sector is increase in productivity of labour. Due to better technol- ogy and improved labour productivity there is a increase in output of manufacturing goods and agriculture with less labour.

Which part of tertiary sector is growing in importance and which is less productive?

Services which employ highly skilled and educated workers have grown in importance. Growth in the healthcare sector, administrative services have boosted the growth in the tertiary sector. But the lower end of the tertiary sector which employs less skilled and lower educated personnel have been less productive.

Which part of the tertiary sector is growing in importance?

Services which employ highly skilled and educated workers have grown in importance. Growth in the healthcare sector, administrative services have boosted the growth in the tertiary sector.

Which is a part of tertiary sector?

The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. the non-market sector (public administration, education, human health, social work activities).