Processes, manufacturing and construction add value. The third type is the Tertiary industry, which forms the major part of the Indian economy. The main economic activities in the tertiary industry involve production and …
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The tertiary sector includes service industry and it holds the highest importance among all sectors. The tertiary sector of economy involves the provision of services to business as well as final …
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For example, goods that are produced in the primary or secondary sector for e.g. Transport, storage, communication, banking, trade are some examples of tertiary activities. Since these …
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Some key tertiary activities in India include healthcare and medical care, education and training, banking and finance, communication and information exchange, tourism and hospitality, …
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Enterprises may well be separated into 3 general classifications of industries in India: primary, secondary, and tertiary. Primary industry refers to the first sector which comprises the first stage of the production cycle and …
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Learn about the tertiary sector, its importance, activities, advantages, challenges, and current trends in India. Explore examples and the transition to the quaternary sector.
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The tertiary sector of the economy provides intangible services and value to clients, customers, and businesses. This sector sells products produced by the primary sector …
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By itself, economic activities in tertiary sector do not produce a goods but they are an aid or a support for the production. Goods transported by trucks or trains, banking, insurance, finance etc. come under the sector. It …
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The tertiary sector, also known as the service sector, encompasses a wide range of services that cater to various needs of individuals, businesses, and society as a whole. Here are some examples of activities that fall under the tertiary sector: 1. Healthcare Services:Hospitals, clinics, nursing homes, and …
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Examples of tertiary sector businesses include hospitality, transportation, financial services, retail sales, real estate, banking, media and entertainment, information technology, and education. Together, these sectors …
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