Terms Beginning With 's'

Service Sector

  • January 11, 2020
  • Team Kalkine

Service sector unlike the primary sector (mining or farming) and the secondary sector (manufacturing) does not produce any tangible goods. Service sector produces intangible goods or more accurately services such as entertainment, transportation services, data/information services, recreation and investment services to mention few.

It is also known as the tertiary sector, coming after raw material (primary sector) production and manufacturing (secondary sector).

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