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Q.

[[1]] is also called the service sector.


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Detailed Solution

Tertiary sector  is also called the service sector.
The tertiary sector is the sector in which services are produced rather than goods. The tertiary sector of the economy helps in the development of the other sectors of the economy, like the primary and secondary sectors, by providing support services to both sectors. Examples of services that are provided by the tertiary sector are as follows: transportation, storage, warehousing, teaching, banking, doctors, etc. This sector has gained prominence over the last 30 years and has the largest GDP share among the sectors. This sector has created a lot of employment opportunities as well.
 
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[[1]] is also called the service sector.