Tertiary Sector
The Tertiary sector is also known as the 'Services Sector', providing various services all over the world. It contributes to a developing economy by providing employment at a good rate throughout the world. More and more people are entering the tertiary sector for employment purposes. The tourism industry in the tertiary sector alone accounts for a large amount of revenue generation, which amounts to almost 42% of the total GDP.
Other services that the tertiary sector deals in are insurance, banking, education, trade, transport, tourism and communication.
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