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Q.

Transport, storage, communication, banking and trade are some examples of the ____.


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Detailed Solution

Transport, storage, communication, banking, and trade are some examples of the Tertiary sector. Because these activities provide more services than goods, they support primary and secondary industries by offering knowledge, funding, transportation, advertising, etc. The service sector, commonly referred to as the tertiary sector, is the third sector after the primary and secondary sectors. By acting as aids or supports for the production process, activities that fall under the service sector's purview contribute to the development of the primary and secondary sectors while not directly creating a good.
 
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