The ____ sector has outperformed in the last 40 years in India.

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Detailed Solution

The Tertiary sector has outperformed in the last 40 years in India.
The tertiary sector has shown remarkable performance with its growth rate compared to the other sectors in the last forty years in the Indian economy. The tertiary sector is the service sector of a country. This sector is involved in providing services to the primary and secondary sectors. Its services include banking, transportation, recreation, health, public administration, insurance, and community services. It employs fewer workers compared to the primary sector. Still, the contribution of the tertiary industry towards GDP is the highest in comparison to both primary and secondary sectors and has been showing positive growth.

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