Q. 14.5( 12 Votes )

What is meant by the term ‘service activities’?

Answer :

Service sector is one of the three sectors of the economy, the other two are primary sector and the secondary sector. It provides services (intangible). They provide services which are required by the people and business to maintain their level of activity. The main focus is the deal with customers and not producing physical products. It incldes many services such as banking, transport, communication, trade etc


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