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What is service sector? |
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Answer» The service sector includes activities which help in the development of the primary and secondary sectors. These activities do not produce a good on its own but serve as an aid for the production process. Transport, banking, communication, storage, trade are a few examples of service sector activities. It also includes essential services which may not directly help in the production of goods. For example, teachers, doctors, lawyers, etc. Service sector is the sector which provides services.eg- Restaurants,Schools,etc. Territory sector known as service sector |
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