Question
Download Solution PDFWhat is another name for the Service Sector?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Tertiary.
Key Points
- The tertiary sector is also known as the service sector because the tertiary sector provides various services to primary and secondary sectors and the people.
- In the tertiary sector, people do not offer any goods or products but their services like transportation, banking, teaching, etc.
Additional Information
- The primary sector includes all those activities the end purpose of which consists in exploiting natural resources: agriculture, fishing, forestry, mining, and deposits.
- The manufacturing and Industry sector are known as the secondary sector, sometimes as the production sector.
- The secondary sector includes secondary processing of raw materials, food manufacturing, textile manufacturing, and industry.
Last updated on Jun 14, 2025
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