What is the definition of tertiary industry?
What does tertiary industry mean? Here are all the possible meanings and translations of the word tertiary industry. An industry that provide goods or services to consumers using raw materials from primary industry and goods processed by secondary industry. How to pronounce tertiary industry?
What is the relationship between tertiary industry and primary and secondary industry?
The tertiary industry is one of three primary industrial types in a developed economy, the other two being the primary (i.e., raw materials), and secondary (i.e., goods production) industries. As an economy becomes more developed, it tends to shift its focus from primary to secondary and tertiary industries.
What are the goods and services provided by tertiary industry?
The tertiary sector serves all industries and the people in them, both by delivering products produced in the other two sectors and providing services such as health care, accountancy, education, and entertainment.
What are the advantages of working in a tertiary industry?
Enhancing employment opportunities: The tertiary sector offers many rewarding and lucrative career options to people passionate about delivering essential services to the community. Creating positive experience: Services like beauty, fitness and entertainment create a positive experience that promotes wellness and provides emotional value.