Benefits and Disadvantages of a Government Company
The sector wh...
Question
The sector which has grown the most over last 30 years is ___________.
A
Primary sector
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B
Secondary sector
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C
Tertiary sector
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D
Public sector
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Solution
The correct option is A Tertiary sector
Though all the three sectors had a growth over thirty years, maximum growth was seen in the tertiary sector.
This is because in any place services like banking, telecom, telegraph, transportation health care facilities like hospitals are very much required and mandatory.
Secondly, there was a boom in agriculture and industry which requires a trade, transport storage etc that fall under service sector.
Third, as income levels rise, certain sections of people start demanding many more services like eating out, tourism, shopping, private hospitals, private schools, professional training etc.
Fourth, over the past decade or so, certain new services such as those based on information and communication technology have become important and essential. The production of these services has been rising rapidly.