HOTS

The tertiary sector is in top position in the world now. Justify

Tertiary sector is one of the three sectors of the economy, the other two are the primary sector and the secondary sector. It is the service sector of the economy. It is extremely important in developed countries. It provides services (intangible). The main focus is the deal with customers and not producing physical products. It includes many services such as banking, transport, communication, trade etc. It is one of the growing sectors in India due to the following reasons:

For a developing country, it is extremely important to have a well-developed system of education and health in the country, provided by this country. It is the responsibility of the government to provide such services.

It helps to create a large number of employment opportunities in different areas.

The growth of this sector is also required for the efficient and smooth working of the primary and secondary sector.

With the increase in income, especially in urban areas, the demand for certain services such as professional training, communication, tourism, etc. arises.

With the increase in population, the number of hospitals, schools, banks, tourism facility demands has also increased.

With the increase in the number of working women, the demand for certain facilities like cook, housekeeper, daycare has increased.

The development of agriculture and industries have increased the demand for transportation, warehouse, retail etc

Thus, the tertiary sector is in the topmost position among sectors in the world.