How is tertiary sector different from other sectors? Illustrate with f...
**Tertiary Sector:**
The tertiary sector, also known as the service sector, is one of the three main sectors of the economy. It is different from the other two sectors, namely the primary and secondary sectors, in terms of the nature of the activities involved. The tertiary sector primarily deals with the provision of services rather than the production of goods. Here are some key points that highlight the differences between the tertiary sector and other sectors:
**1. Nature of Activities:**
- The primary sector involves the extraction and harvesting of natural resources, such as farming, mining, fishing, etc.
- The secondary sector involves the manufacturing and processing of raw materials obtained from the primary sector, such as construction, manufacturing, etc.
- The tertiary sector involves the provision of services to individuals and businesses, such as healthcare, education, hospitality, transportation, banking, etc.
**2. Focus on Intangible Outputs:**
- The tertiary sector is primarily concerned with intangible outputs, such as knowledge, skills, expertise, and experiences, rather than physical goods.
- For example, a doctor provides medical services, a teacher imparts knowledge, and a hotel offers accommodation and hospitality services.
**3. Employment Opportunities:**
- The tertiary sector offers a wide range of employment opportunities, as it requires a diverse set of skills and expertise.
- Professionals in the tertiary sector include doctors, nurses, teachers, bankers, lawyers, engineers, consultants, etc.
- In contrast, the primary and secondary sectors are often labor-intensive and may have limited employment opportunities in certain areas.
**4. Importance of Human Interaction:**
- The tertiary sector heavily relies on human interaction and communication skills.
- For instance, a doctor needs to communicate effectively with patients, a teacher must engage with students, and a customer service representative should provide satisfactory solutions to customers.
**5. Economic Contribution:**
- The tertiary sector contributes significantly to the overall economic growth of a country.
- It generates revenue through the provision of services, contributes to GDP, and creates employment opportunities.
- Developed countries tend to have a larger share of their economies in the tertiary sector, indicating a shift towards a more service-oriented economy.
In conclusion, the tertiary sector is distinct from the primary and secondary sectors due to its focus on providing services rather than producing goods. It offers a diverse range of employment opportunities, relies on human interaction, and plays a vital role in economic development.