Q. 195.0( 2 Votes )

Analyse the signi

Answer :

The significance and growth of the service sector in the modern

economic development of the world is analyzed below:


a) Service sectors are provided to those who can afford to pay them. For example barber, teaching, baking services etc.


b) Most of the companies provide a separate facility of customer services where the customer can express all their concerns and grievances.


c) Proffessional training is now being given in the field of engineering, health care and education.


d) State and Union legislation have established corporations to supervise and control the marketing of such services


e) Many new services such as tiffin services started at individual level have been very successful.


f) Many markets have set up centres for recreational activities.


Thus, the service sector has grew rapidly in the modern era. Most of the economies in the developed countries are based on the income earned through this sector.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Why is India a poGeography - Board Papers

Evaluate the impoGeography - Board Papers

Classify trading Geography - Board Papers

“The promotion ofGeography - Board Papers

What is the meaniGeography - Board Papers