Choose the given statement is true/false:

The importance of the Tertiary sector has risen tremendously in recent years.

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True

False

answer is A.

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Detailed Solution

The given statement is "true." There has been a big change in the three sectors. The importance of the tertiary sector has been rising exponentially in recent years. This is because, in every country, services such as hospitals, educational institutions, etc., are required as they are the "basic services" people need. The development of agriculture and industries has also helped push the development of transport, infrastructure, storage, etc. As the primary and secondary sectors grow, the tertiary sector also grows. As people's incomes rise, they start demanding more services that are over and above the essential services, like tourism, shopping, professional training centres, etc., further boosting the tertiary sector. As seen, newer services, such as those based on information and communication technology, have grown essential, as evidently seen.

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